Chicago, IL Commercial Real Estate for Lease and Sale

Explore 1,627 listings of Chicago commercial real estate to find the best space for your business.

100 North LaSalle

100 North LaSalle, Chicago Loop, Chicago, IL
Property

Office

151,768 SF
Availability

11 Spaces

33,770 SF
Year Built

1929
For Lease

$30.00 - $36.00/SF/YR
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303 West Institute Place

303 West Institute Place, Near North Side Chicago, Chicago, IL
Property

Office

29,708 SF
Availability

1 Space

5,177 SF
Year Built

1890
For Lease Contact for pricing
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1863 West Carroll Avenue

1863 West Carroll Avenue, Near West Side, Chicago, IL
Property

Industrial

6,171 SF
Availability

1 Space

6,171 SF
For Lease

$9,500.00/MO
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1732 E 79th St

1732 East 79th Street, South Shore, Chicago, IL
Property

Other

15,000 SF
Year Built

1928
For Sale

$1,100,000
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Office Coworking Retail Industrial

Office Retail Industrial Land
VCollective - 833 West Jackson Blvd

833 West Jackson Blvd, Near West Side, Chicago, IL
Property

Office

60,000 SF
Availability

1 Space

3,105 SF
Year Built

1909
For Lease Contact for pricing
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769-775 W. Jackson

769-775 W Jackson Street, Greektown, Chicago, IL
Property

Retail

11,522 SF
Year Built

1911
For Sale

Subject To Offer
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5050 N Broadway

5050 N Broadway, Andersonville, Chicago, IL
Property

Retail
Availability

4 Spaces

9,548 SF
For Lease Contact for pricing
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850 West Jackson Boulevard

850 West Jackson Boulevard, Near West Side, Chicago, IL
Property

Office

115,700 SF
Availability

5 Spaces

22,551 SF
Year Built

1912
For Lease Contact for pricing
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6374 North Lincoln Avenue

6374 North Lincoln Avenue, Pulaski Park, Chicago, IL
Property

Mixed Use

25,000 SF
Availability

5 Spaces

11,531 SF
Year Built

1980
For Lease

$22.00/SF/YR
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Commerce Park Chicago Building E- BTS & Rail Available

3044 E. 122nd st. , South Deering, Chicago, IL
Property

Industrial

580,587 SF
Availability

1 Space

580,587 SF
Year Built

2023
For Lease Contact for pricing
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The Post Office

433 West Van Buren Street, South Loop, Chicago, IL
Property

Office

2,800,000 SF
Availability

4 Spaces

127,886 SF
Year Built

2019
For Lease Contact for pricing
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The Burnham Center

111 West Washington Street, Chicago Loop, Chicago, IL
Property

Office

558,398 SF
Availability

45 Spaces

235,177 SF
Year Built

1917
For Lease Contact for pricing
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3851 W 26th St , Chicago, Illinois 60623

3851 W 26th St., Little Village, Chicago, IL
Property

Retail

2,816 SF
Year Built

1906
For Sale

$374,900
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IL, Chicago – 110 North Wacker Drive
Signature
110 North Wacker Drive Suite 2500, Chicago, IL
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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124 W 47th St

124 West 47th Street, Fuller Park, Chicago, IL
Property

Industrial

20,000 SF
Year Built

1907
For Sale

$425,000
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2241 N Knox Ave

2241 N Knox Ave, Hermosa, Chicago, IL
Property

Industrial

29,076 SF
For Sale

$1,400,000
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5097 N Elston Ave

5097 N Elston Ave, Jefferson Park, Chicago, IL
Property

Office

17,000 SF
Availability

5 Spaces

6,872 SF
Year Built

1973
For Lease

$14.00 - $16.00/SF/YR
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Leo Burnett Building

35 West Wacker Drive, Chicago Loop, Chicago, IL
Property

Office

1,118,042 SF
Availability

33 Spaces

784,788 SF
Year Built

1989
For Lease Contact for pricing
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2107 W Fulton St

2107 W Fulton St, Near West Side, Chicago, IL
Property

Industrial

12,500 SF
Availability

1 Space

12,500 SF
Year Built

1927
For Lease

$16.00/SF/YR
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Ashland Wellington Plaza

SWC Ashland Avenue & Wellington Avenue, Lakeview, Chicago, IL
Property

Retail

19,979 SF
Availability

1 Space

1,340 SF
For Lease Contact for pricing
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Emerald Re-Development

7250 S Emerald Ave, Englewood, Chicago, IL
Property

Multi-Family

21,600 SF
Year Built

1921
For Sale

$2,600,000
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1006 S Michigan

1006 S Michigan, Downtown Chicago, Chicago, IL
Property

Office

75,240 SF
Availability

7 Spaces

33,242 SF
Year Built

1904
For Lease

$22.00 - $300.00/SF/YR
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O'Hare Plaza - 8735 West Higgins

8735 West Higgins Road, O'Hare, Chicago, IL
Property

Office

84,384 SF
Availability

4 Spaces

26,128 SF
Year Built

1972
For Lease

$20.00/SF/YR
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309 West Washington

309 West Washington, Chicago Loop, Chicago, IL
Property

Office

93,610 SF
Availability

8 Spaces

26,417 SF
Year Built

1928
For Lease

$26.00 - $27.00/SF/YR
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123 North Wacker Drive

123 North Wacker Drive, Chicago Loop, Chicago, IL
Property

Office

536,650 SF
Availability

3 Spaces

20,950 SF
Year Built

1986
For Lease Contact for pricing
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Meade Avenue Business Center

7301 South Meade Avenue, Bedford Park, IL
Property

Industrial

156,000 SF
Availability

1 Space

30,000 SF
Year Built

1975
For Lease Contact for pricing
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224 North Desplaines Street

224 North Desplaines Street, Fulton River District, Chicago, IL
Property

Office

75,000 SF
Availability

6 Spaces

37,852 SF
Year Built

1900
For Lease Contact for pricing
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3000 West Chicago Avenue

3000 West Chicago Avenue, Humboldt Park, Chicago, IL
Property

Industrial

10,000 SF
Availability

3 Spaces

5,000 SF
For Lease

$16.00/SF/YR
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Union Tower

550 West Van Buren Street, West Loop, Chicago, IL
Property

Office

362,262 SF
Availability

2 Spaces

41,334 SF
Year Built

1999
For Lease Contact for pricing
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Clark-Wellington

NEC Clark Street & Wellington Avenue, Lakeview, Chicago, IL
Property

Retail

28,671 SF
Availability

1 Space

1,915 SF
For Lease Contact for pricing
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Wicker Park
Regus
1200 North Ashland Avenue #500, Chicago, IL
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
View Details (opens in new window)
1015 W Grand Ave

1015 W Grand Ave, West Town, Chicago, IL
Property

Office

5,862 SF
Availability

1 Space

8,214 SF
Year Built

1914
For Lease

$28.00 - $35.00/SF/YR
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6220 West 73rd Street

6220 West 73rd Street, Bedford Park, IL
Property

Industrial

380,269 SF
Availability

1 Space

380,269 SF
For Lease Contact for pricing
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1521 Fremont

1521 Fremont, Goose Island, Chicago, IL
Property

Retail

73,000 SF
Availability

1 Space

1,810 SF
Year Built

2017
For Lease Contact for pricing
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102 W Chicago Avenue

102 W Chicago Avenue, Near North Side Chicago, Chicago, IL
Property

Retail
Availability

1 Space

2,579 SF
For Lease Contact for pricing
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1327 West Washington

1327 W Washington, Fulton Market, Chicago, IL
Property

Office

90,000 SF
Availability

1 Space

298 SF
Year Built

1930
For Lease

$900.00/SF/YR
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6233 S Western Ave

6233 S Western Ave, Chicago Lawn, Chicago, IL
Property

Retail

6,125 SF
Year Built

1946
For Sale

$270,000
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Old Irving Retail & Office Space

4210 W Irving Park Rd, Old Irving Park, Chicago, IL
Property

Retail

3,000 SF
Availability

1 Space

3,000 SF
For Lease

$15.80/SF/YR
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Modern Office Flex Space in Humboldt Park

4430-4444 W Haddon, West Humboldt Park, Chicago, IL
Property

Office

77,000 SF
Availability

2 Spaces

33,948 SF
For Lease Contact for pricing
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964 West Belmont Avenue

964 West Belmont Avenue, Lakeview, Chicago, IL
Property

Retail
Availability

1 Space

2,645 SF
For Lease Contact for pricing
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2159-2061 West Hastings Street

2159 West Hastings Street, Illinois Medical District, Chicago, IL
Property

Industrial

84,299 SF
Availability

1 Space

10,210 SF
Year Built

1967
For Lease Contact for pricing
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917 W 18th Pl

917 W 18th Pl, Pilsen, Chicago, IL
Property

Office

1,588 SF
Availability

4 Spaces

4 SF
For Lease

$750.00 - $2,200.00/SF/YR
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Ravenswood Center Retail | Office Suites Available

1754-1768 West Devon Avenue, Rogers Park, Chicago, IL
Property

Retail

10,242 SF
Availability

1 Space

1,350 SF
For Lease

$2,500.00/MO
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NEC Elston & Logan

NEC Elston & Logan, Bucktown, Chicago, IL
Property

Retail
Availability

3 Spaces

13,054 SF
For Lease Contact for pricing
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600-614 W Roosevelt Rd

600-614 W Roosevelt Rd, South Loop, Chicago, IL
Property

Retail

24,400 SF
Availability

1 Space

4,016 SF
Year Built

1949
For Lease

$20.00/SF/YR
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3037 West Polk Street

3037 West Polk Street, North Lawndale, Chicago, IL
Property

Multi-Family

3,050 SF
Year Built

2006
For Sale

$360,000
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North Mayfair Commons

4042 West Foster Avenue, Sauganash, Chicago, IL
Property

Retail

87,274 SF
Availability

4 Spaces

5,100 SF
Year Built

1990
For Lease Contact for pricing
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39,233 SF (Divisible to 9,000 SF) on 5.71-Acre Site for Lease at 2217 S. Loomis Street, Chicago, IL

2217 S. Loomis Street, Pilsen, Chicago, IL
Property

Industrial

39,233 SF
Availability

1 Space

39,233 SF
Year Built

2001
For Lease Contact for pricing
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55 East Monroe Street

55 East Monroe Street, Downtown Chicago, Chicago, IL
Property

Office

1,242,360 SF
Availability

2 Spaces

51,421 SF
Year Built

1975
For Lease

$24.00/SF/YR
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7270 S South Shore Dr

7270 South South Shore Drive, South Shore, Chicago, IL
Property

Multi-Family

40,000 SF
Year Built

1920
For Sale

$7,300,000
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THE BRNDHAUS PL-ZEN

1727 W 21st St., Heart of Chicago, Chicago, IL
Property

Industrial

25,000 SF
Availability

1 Space

6,000 SF
Year Built

1979
For Lease

$25.00/SF/YR
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407 S. Peoria St.

407 S. Peoria St., Near West Side, Chicago, IL
Property

Retail

6,000 SF
Availability

1 Space

6,000 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Chicago commercial real estate market incorporates 157,818,803 square feet of office space across 614 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Chicago, the coworking segment of the commercial real estate market incorporates about 92,939 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Chicago commercial real estate market includes 16,607,473 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Chicago market, there is a total of 21,821,853 square feet of industrial property.

The listing inventory in Chicago incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Chicago is represented by Office space, which accounts for 21,831,447 square feet of available listings. Industrial space available in Chicago adds up to 9,887,415 square feet.

Meanwhile, most of the listings of commercial property for sale in Chicago are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Chicago is $24.88 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Chicago can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $34.16 per square foot, industrial space in Chicago saw average rents of $13.84 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Chicago, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Chicago is in the Chicago Loop neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Chicago Loop area.

Meanwhile, retail space opportunities are most abundant in the Chicago Loop submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in West Town.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $60 per square foot. In particular, the property type commanding the highest lease rates in Chicago was Retail space.

Conversely, the highest sale price last year was $96,500,000 that is located at 300 South Wacker Drive.

The average size of a commercial property in Chicago depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Chicago, the average size of an office property is 296,096 square feet.
Retail properties here incorporate an average of 40,115 square feet.
Industrial space in Chicago is in buildings that are, on average 104,913 square feet in size.

Chicago, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Chicago currently add up to 40,078,604 square feet. The market offers 548 active office listing(s), which amount to 21,786,683 square feet and account for 45% of commercial spaces on the market. Local retail availability includes 3,970,891 square feet across 471 retail space(s). Industrial space for rent opportunities in Chicago amount to 9,752,816 square feet across a total of 157 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	548	21,786,683
Retail	471	3,970,891
Industrial	157	9,752,816
Other	29	4,568,214

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Chicago, IL. Currently, there is 13,609,743 square feet of commercial property for sale here , which includes 63 office building(s) for sale , 93 retail investment opportunity listing(s) , and 85 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	63	4,273,843
Retail	93	1,066,408
Industrial	85	6,074,851
Other	148	2,194,641

Chicago, IL Commercial Real Estate Market Overview

Chicago boasts one of the most highly diversified economies in the U.S., combining a solid manufacturing base with its role as a financial, research and innovation center. The city is also a global distribution hub, ranking as the third-largest inter-modal port in the world, behind only Hong Kong and Singapore.

In particular, commercial real estate properties in Chicago host a flurry of aerospace, medical, logistics and retail companies. Household names in the food industry — such as Kraft Heinz, Ferrara Candy, US Foods and Quaker Oats — also have a strong presence here. The city has also created a welcoming environment for many startups, with the likes of Grubhub, Groupon, Basecamp and NowSecure among its success stories.

The Chicago Transit Authority (CTA) provides public transportation services through its fleet of buses, as well as its rapid transit elevated and subway system, commonly referred to as the “L.” Commuter transit is handled by Pace, Metra and Amtrak lines, while seven mainline and four auxiliary interstate highways pass through the city and its suburbs. Chicago is also served by O’Hare International Airport and Midway International Airport, with the nearby Gary/Chicago International Airport and Chicago Rockford International Airport as alternatives.

Chicago, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Chicago, IL?

What factors affect the price of commercial real estate in Chicago, IL?

What is the average rent for commercial space in Chicago, IL?

What are the best areas for commercial real estate in Chicago, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Chicago, IL?

Chicago, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Chicago, IL Commercial Real Estate Market Overview

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