Chicago, IL Commercial Real Estate for Lease and Sale

Explore 1,614 listings of Chicago commercial real estate to find the best space for your business.

The Universal Building

700 North Sacramento Blvd, East Garfield Park, Chicago, IL
Property

Office

150,000 SF
Availability

3 Spaces

8,454 SF
Year Built

2001
For Lease

$12.50/SF/YR
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55 East Washington Street

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

Office

590,183 SF
Availability

25 Spaces

186,174 SF
Year Built

2008
For Lease

$125.00/SF/YR
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IL, Chicago - Ravenswood Ave
Regus
4311 North Ravenswood Avenue #100, 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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930 W Huron St

930 W Huron St, River West, Chicago, IL
Property

Office

14,486 SF
Year Built

1900
For Sale

Subject To Offer
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Office Coworking Retail Industrial

Office Retail Industrial Land
The Haymarket Building

117 N Jefferson, West Loop, Chicago, IL
Property

Office

42,000 SF
Availability

8 Spaces

26,848 SF
Year Built

1905
For Lease

$26.00 - $35.00/SF/YR
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2214-16 W. Hubbard

2214-16 W. Hubbard, West Town, Chicago, IL
Property

Industrial

7,000 SF
Availability

2 Spaces

7,000 SF
For Lease

$5,100.00 - $5,400.00/MO
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451 North Claremont Avenue

451 North Claremont Avenue, West Town, Chicago, IL
Property

Office

25,500 SF
Availability

2 Spaces

11,000 SF
Year Built

1899
For Lease

$11.00 - $12.00/SF/YR
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1820 North Major Avenue

1820 North Major Avenue, Austin, Chicago, IL
Property

Industrial

30,000 SF
Year Built

1946
For Sale

$1,300,000
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2000 W. Carroll, Suite 200

2000 W. Carroll, Suite 200, Near West Side, Chicago, IL
Property

Office

50,000 SF
Availability

1 Space

1,400 SF
For Lease

$2,000.00/MO
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55 East Jackson Blvd

55 East Jackson Blvd, Downtown Chicago, Chicago, IL
Property

Office

440,000 SF
Availability

1 Space

2,719 SF
Year Built

1962
For Lease Contact for pricing
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Ukrainian Village Restaurant

1057-59 N Wolcott, East Village, Chicago, IL
Property

Retail

3,200 SF
Availability

1 Space

3,200 SF
Year Built

1919
For Lease

$35.00/SF/YR
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1624 W 69th St

1624 W 69th St, West Englewood, Chicago, IL
Property

VacantLand
For Sale

$110,000
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Loft Space Available with On-Site Parking in Fulton Market

1400 W Fulton St, Near West Side, Chicago, IL
Property

Office

46,313 SF
Availability

5 Spaces

49,660 SF
Year Built

1904
For Lease

$29.00/SF/YR
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Peterson Corporate Center

3525 West Peterson Avenue, Hollywood Park, Chicago, IL
Property

Office

65,000 SF
Availability

1 Space

4,050 SF
Year Built

1965
For Lease Contact for pricing
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North Center Office Sublease

3843 N Lincoln Avenue , North Center, Chicago, IL
Property

Office

6,000 SF
Availability

1 Space

1,000 SF
For Lease

$2,352.00/MO
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29 N Wacker

29 N Wacker Dr, Chicago Loop, Chicago, IL
Property

Office

116,900 SF
Availability

10 Spaces

62,698 SF
Year Built

1961
For Lease

$31.00 - $35.00/SF/YR
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1233 N Wells

1233 North Wells Street, Old Town Chicago, Chicago, IL
Property

Retail
Availability

1 Space

44,444 SF
For Lease Contact for pricing
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Gateway Commons Commercial Condo

2301 West Belmont Avenue, Roscoe Village, Chicago, IL
Property

Office

3,100 SF
Availability

1 Space

3,100 SF
Year Built

2001
For Lease

$19.25/SF/YR
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1800-1806 W. Chicago Ave.

1800-1806 W. Chicago Ave., East Village, Chicago, IL
Property

Retail

7,139 SF
Availability

3 Spaces

14,478 SF
For Lease

$25.00 - $45.00/SF/YR
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218 S Wabash: The Wabash Trio

218 S Wabash, Chicago Loop, Chicago, IL
Property

Office

112,156 SF
Availability

2 Spaces

11,346 SF
Year Built

1899
For Lease

$22.00 - $264.00/SF/YR
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UBS Tower

1 North Upper Wacker Drive, Chicago Loop, Chicago, IL
Property

Office

1,392,011 SF
Availability

11 Spaces

147,659 SF
Year Built

2001
For Lease Contact for pricing
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400-408 North Clark Street & 100 West Kinzie Street

400 North Clark Street, River North, Chicago, IL
Property

Office

30,000 SF
Availability

2 Spaces

5,567 SF
Year Built

1873
For Lease Contact for pricing
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134 North LaSalle Street

134 North LaSalle Street, Chicago Loop, Chicago, IL
Property

Office

201,767 SF
Availability

35 Spaces

84,707 SF
Year Built

1926
For Lease

$23.00 - $32.00/SF/YR
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Fully Equipped Ghost Kitchen For Lease

446 E. Ontario Street, Streeterville, Chicago, IL
Property

Retail

114,000 SF
Availability

2 Spaces

2,042 SF
Year Built

1986
For Lease

$1,434.00 - $5,000.00/MO
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1428 North Cleveland Avenue

1428 North Cleveland Avenue, Old Town Chicago, Chicago, IL
Property

Other

4,000 SF
Year Built

2016
For Sale

$2,995,000
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6040 Hohman Ave

6040 South State Line Road, East Side Chicago, Chicago, IL
Property

Office

6,600 SF
Year Built

1969
For Sale

$500,000
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The Shops at Forty-Seven

4720 S Cottage Grove Ave, Bronzeville, Chicago, IL
Property

Retail

54,932 SF
Availability

2 Spaces

4,841 SF
Year Built

2014
For Lease

$26.00 - $29.00/SF/YR
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5201 W Grand Ave

5201 W Grand Ave, Hanson Park, Chicago, IL
Property

Industrial

52,650 SF
Availability

1 Space

8,511 SF
Year Built

1945
For Lease

$6.00/SF/YR
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1333 North Kingsbury Street

1333 North Kingsbury Street, Goose Island, Chicago, IL
Property

Office

100,000 SF
Availability

1 Space

25,045 SF
Year Built

1991
For Lease Contact for pricing
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4744 W. Belmont Ave, Chicago, IL, 60641

4744 W Belmont Ave., Kilbourn Park, Chicago, IL
Property

Retail

3,100 SF
Year Built

1980
For Sale

$1,299,000
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9020 S Langley

9020 South Langley Avenue, Burnside, Chicago, IL
Property

Multi-Family

9,700 SF
For Sale

$600,000
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226 S Wabash: The Wabash Trio

226 S Wabash, Chicago Loop, Chicago, IL
Property

Office

36,000 SF
Availability

4 Spaces

11,140 SF
Year Built

1932
For Lease

$18.00/SF/YR
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Clybourn Place

1836 N. Clybourn Ave, Ranch Triangle, Chicago, IL
Property

Retail

17,953 SF
Availability

1 Space

9,462 SF
For Lease Contact for pricing
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Hollander Logan Square

2418 N Milwaukee Ave # 30, Logan Square, Chicago, IL
Property

Retail

29,000 SF
Availability

1 Space

8,785 SF
Year Built

1909
For Lease Contact for pricing
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111 N Wabash Ave

111 N Wabash Ave, Downtown Chicago, Chicago, IL
Property

Office

259,000 SF
For Sale

$2,310,000
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160 East Grand

160 E Grand, Streeterville, Chicago, IL
Property

Office

32,516 SF
Availability

2 Spaces

5,066 SF
Year Built

1890
For Lease

$35.00 - $48.00/SF/YR
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Spaces Fulton Market
Spaces
159 North Sangamon Street #200 & 300, 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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680 North Lake Shore Drive

680 North Lake Shore Drive, Streeterville, Chicago, IL
Property

Office

600,000 SF
Availability

26 Spaces

107,923 SF
Year Built

1923
For Lease Contact for pricing
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1533-37 North Wieland Street

1533-37 North Wieland Street, Old Town Chicago, Chicago, IL
Property

Multi-Family

10,740 SF
Year Built

1968
For Sale

$6,595,000
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2115 S Halsted Street

2115 S Halsted Street, East Pilsen, Chicago, IL
Property

Retail
Availability

1 Space

1,040 SF
For Lease Contact for pricing
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3832-56 S. Ashland

3832-56 S. Ashland, McKinley Park, Chicago, IL
Property

VacantLand

6,400 SF
For Sale

$2,500,000
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5952-5960 W Lawrence Ave, Chicago, IL

5952-5960 W Lawrence Ave. Chicago, IL, Jefferson Park, Chicago, IL
Property

Retail

9,500 SF
For Sale

$799,000
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Eggsperience

4925 W Irving Park Rd, Portage Park, Chicago, IL
Property

Retail

5,000 SF
Year Built

1954
For Sale

$2,483,000
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566 W Adams

566 W Adams, West Loop, Chicago, IL
Property

Office

61,750 SF
Availability

5 Spaces

11,950 SF
Year Built

1921
For Lease

$19.50 - $28.50/SF/YR
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440 S Lasalle, 425 South Financial Place

440 South LaSalle Street, Chicago Loop, Chicago, IL
Property

Office

1,019,325 SF
Availability

1 Space

1,340 SF
Year Built

1985
For Lease Contact for pricing
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73 W Monroe LLC
Expansive
73 West Monroe Street, Chicago, IL
Services

Meeting Room
Amenities

Vending machine
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VCollective - 820 West Jackson Blvd

820 West Jackson Blvd, Greektown, Chicago, IL
Property

Office

175,285 SF
Availability

3 Spaces

11,128 SF
Year Built

1903
For Lease Contact for pricing
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Office Retail For Lease Avondale Chicago

3101 North Milwaukee Avenue, Jackowo, Chicago, IL
Property

Office

9,400 SF
Availability

3 Spaces

10,100 SF
Year Built

2023
For Lease

$18.00 - $288.00/SF/YR
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737-49 North Wells Street

737-49 North Wells Street, River North, Chicago, IL
Property

Retail
Availability

2 Spaces

3,914 SF
For Lease Contact for pricing
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2356 W 63rd St

2356 W 63rd St, Chicago Lawn, Chicago, IL
Property

Retail

8,250 SF
Year Built

1956
For Sale

$399,000
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350 West Ontario Street

350 West Ontario Street, River North, Chicago, IL
Property

Office

38,870 SF
Availability

4 Spaces

16,929 SF
Year Built

1925
For Lease Contact for pricing
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833 W. Haines St.

833 W. Haines St., Goose Island, Chicago, IL
Property

Industrial

20,000 SF
For Sale

$4,200,000
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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 39,536,764 square feet. The market offers 548 active office listing(s), which amount to 21,546,239 square feet and account for 44% of commercial spaces on the market. Local retail availability includes 3,839,315 square feet across 486 retail space(s). Industrial space for rent opportunities in Chicago amount to 9,751,808 square feet across a total of 161 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	548	21,546,239
Retail	486	3,839,315
Industrial	161	9,751,808
Other	33	4,399,402

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 13,174,874 square feet of commercial property for sale here , which includes 59 office building(s) for sale , 102 retail investment opportunity listing(s) , and 87 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	59	4,229,198
Retail	102	936,121
Industrial	87	5,991,651
Other	135	2,017,904

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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