Chicago, IL Commercial Real Estate for Lease and Sale

Explore 1,625 listings of Chicago commercial real estate to find the best space for your business.

5354 N Kedzie Avenue Chicago

5354 N Kedzie Avenue Chicago, North Park, Chicago, IL
Property

Retail

10,000 SF
Availability

1 Space

600 SF
For Lease

$20.00/SF/YR
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40,000 SF Available for Sale in Bedford Park

7337 S Mason Ave, Bedford Park, IL
Property

Industrial

40,000 SF
Year Built

1979
For Sale Contact for pricing
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6200 West 51st Street

6200 West 51st Street, Garfield Ridge, Stickney, IL
Property

Industrial

198,316 SF
Availability

1 Space

24,000 SF
Year Built

1920
For Lease Contact for pricing
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1328 W Lake St

1328 W Lake St, Fulton Market, Chicago, IL
Property

Retail

3,500 SF
Availability

1 Space

3,500 SF
For Lease

$40.00/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
625 North Michigan Avenue

625 North Michigan Avenue, Streeterville, Chicago, IL
Property

Retail

52,000 SF
Availability

12 Spaces

46,205 SF
Year Built

1971
For Lease Contact for pricing
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212 West Superior Street

212 West Superior Street, River North, Chicago, IL
Property

Office

77,696 SF
Availability

1 Space

2,925 SF
Year Built

1920
For Lease

$35.00/SF/YR
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7646- 7650 Touhy

7646- 7650 Touhy, Edison Park, Chicago, IL
Property

Retail

10,000 SF
Availability

1 Space

2,000 SF
For Lease

$19.95/SF/YR
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1044 W Fulton Market

1044 W Fulton Market, Fulton Market, Chicago, IL
Property

Retail
Availability

1 Space

1,366 SF
For Lease Contact for pricing
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The Ace on Ashland

1023 N Ashland Ave, Noble Square, Chicago, IL
Property

Retail

26,000 SF
Availability

1 Space

2,200 SF
Year Built

2018
For Lease

$25.00/SF/YR
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The Elle

801 South Financial Place, South Loop, Chicago, IL
Property

Retail

450,267 SF
Availability

1 Space

1,727 SF
Year Built

2017
For Lease Contact for pricing
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4192 S Archer

4192 S Archer, Brighton Park, Chicago, IL
Property

Retail

57,000 SF
For Sale

$13/SF
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NBC Tower

455 North Cityfront Plaza Drive, Streeterville, Chicago, IL
Property

Office

896,770 SF
Availability

1 Space

11,748 SF
Year Built

1989
For Lease Contact for pricing
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525 West Monroe Street

525 West Monroe Street, West Loop, Chicago, IL
Property

Office

904,594 SF
Availability

9 Spaces

259,738 SF
Year Built

1983
For Lease Contact for pricing
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444 North Wabash Avenue

444 North Wabash Avenue, Near North Side Chicago, Chicago, IL
Property

Office

65,800 SF
Availability

2 Spaces

10,000 SF
Year Built

1935
For Lease

$27.00/SF/YR
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4732-54 W Peterson Ave

4732 W Peterson Ave, Sauganash, Chicago, IL
Property

Retail

25,000 SF
Availability

2 Spaces

2,866 SF
For Lease

$18.00 - $24.00/SF/YR
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6.37 Acres for Lease at 12950 S. Stony Island Avenue, Chicago, IL 60633

12950 S Stony Island Ave, South Deering, Chicago, IL
Property

VacantLand

2,800 SF
Availability

1 Space

277,477 SF
Year Built

1978
For Lease Contact for pricing
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Chicago Building

2 South State Street, Chicago Loop, Chicago, IL
Property

Retail

8,860 SF
Availability

1 Space

5,300 SF
For Lease Contact for pricing
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Land For Sale or Ground Lease Chicago 3.89 Acres

3256 North Milwaukee Avenue, Jackowo, Chicago, IL
Property

VacantLand
For Sale Contact for pricing
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O'Hare Plaza - 8725 West Higgins

8725 West Higgins Road, O'Hare, Chicago, IL
Property

Office

278,675 SF
Availability

10 Spaces

106,222 SF
Year Built

1975
For Lease

$19.00 - $22.00/SF/YR
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1746 E 55th

1746 E 55th Street, East Hyde Park, Chicago, IL
Property

Office

12,000 SF
Availability

1 Space

1,150 SF
Year Built

1925
For Lease

$29.00/SF/YR
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One Pru

130 East Randolph Street, Chicago Loop, Chicago, IL
Property

Office

1,265,500 SF
Availability

6 Spaces

109,629 SF
Year Built

1955
For Lease Contact for pricing
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320 South Canal

320 South Canal Street, West Loop, Chicago, IL
Property

Office

1,475,000 SF
Availability

1 Space

5,718 SF
Year Built

2022
For Lease Contact for pricing
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1331 S Michigan Avenue

1331 S Michigan Avenue, South Loop, Chicago, IL
Property

Office

11,700 SF
Availability

3 Spaces

11,700 SF
For Lease

$15.00 - $30.00/SF/YR
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Lincoln Square | Foster-Western Office Available

5214 N. Western Avenue, Budlong Woods, Chicago, IL
Property

Office

9,000 SF
Availability

5 Spaces

9,143 SF
Year Built

1961
For Lease Contact for pricing
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2827-47 N. Clybourn Avenue

2827-47 N. Clybourn Avenue, Roscoe Village, Chicago, IL
Property

Retail

53,112 SF
Availability

3 Spaces

4,690 SF
Year Built

2020
For Lease

$27.00/SF/YR
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2701 South Western Avenue

2701 South Western Avenue, Heart of Chicago, Chicago, IL
Property

Industrial

122,274 SF
Availability

1 Space

51,548 SF
Year Built

1970
For Lease Contact for pricing
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55 West Monroe Street

55 West Monroe Street, Chicago Loop, Chicago, IL
Property

Office

803,141 SF
Availability

1 Space

36,102 SF
Year Built

1981
For Lease Contact for pricing
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311 West Monroe Street

311 West Monroe Street, Chicago Loop, Chicago, IL
Property

Office

382,490 SF
Availability

3 Spaces

58,534 SF
Year Built

1972
For Lease Contact for pricing
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11 East Adams Street

11 East Adams Street, Chicago Loop, Chicago, IL
Property

Office

160,793 SF
Availability

24 Spaces

78,753 SF
Year Built

1960
For Lease

$23.00 - $85.00/SF/YR
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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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5700 N Central Ave

5700 N Central Ave, Jefferson Park, Chicago, IL
Property

Retail

16,455 SF
Availability

2 Spaces

16,500 SF
For Lease Contact for pricing
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Retail property in Chicago, IL

5849-5853 W Irving Park Road, Portage Park, Chicago, IL
Property

Retail

2,700 SF
Availability

3 Spaces

2,700 SF
For Lease

$14.00/SF/YR
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2nd Generation Restaurant For Lease

306 S Halsted St, Greektown, Chicago, IL
Property

Retail

20,400 SF
Availability

1 Space

4,200 SF
Year Built

1926
For Lease

$26.00/SF/YR
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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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3140 N. Clybourn Avenue

3140 N Clybourn Ave, Roscoe Village, Chicago, IL
Property

Retail

2,402 SF
Availability

1 Space

3,300 SF
Year Built

2023
For Lease Contact for pricing
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4554 W North Ave

4554 W North Ave, Hermosa, Chicago, IL
Property

Office

13,400 SF
Year Built

1978
For Sale

$2,850,000
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Lincoln Park Centre

NEC Halsted Street and Clybourn Avenue, Goose Island, Chicago, IL
Property

Office
Availability

3 Spaces

27,096 SF
For Lease Contact for pricing
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The Glessner Center

130 South Jefferson Street, West Loop, Chicago, IL
Property

Office

76,900 SF
Availability

6 Spaces

40,541 SF
Year Built

1883
For Lease

$34.00 - $38.00/SF/YR
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633 S Plymouth Ct

633 S Plymouth Ct, Printer's Row, Chicago, IL
Property

Retail

9,941 SF
Year Built

2022
For Sale

$900,000
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The Thompson Building

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

Office

107,000 SF
Availability

7 Spaces

66,752 SF
Year Built

1914
For Lease Contact for pricing
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651 West Washington Blvd

651 West Washington Blvd, West Loop, Chicago, IL
Property

Office

200,000 SF
Availability

1 Space

12,080 SF
Year Built

1988
For Lease Contact for pricing
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6107 North Northwest Highway

6107 North Northwest Highway, Norwood Park East, Chicago, IL
Property

Office

2,992 SF
Availability

1 Space

550 SF
Year Built

1934
For Lease

$850.00/MO
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The Monroe Building

104 South Michigan Avenue, Downtown Chicago, Chicago, IL
Property

Office

217,978 SF
Availability

10 Spaces

41,004 SF
Year Built

1912
For Lease

$34.00 - $37.00/SF/YR
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330 North Wabash Avenue
WeWork
330 North Wabash Avenue 23rd Floor , Chicago, IL
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

Bike storage

Complimentary coffee & tea

Ethernet

Fitness center

Free water

Game room

High-speed wifi

IT support

Kitchen

Lounge area
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1612 W Fulton Street

1612 W Fulton Street, Near West Side, Chicago, IL
Property

Industrial

14,500 SF
Availability

1 Space

14,500 SF
For Lease

$17.00/SF/YR
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2945 W Peterson Ave

2945 W Peterson Ave, West Rogers Park, Chicago, IL
Property

Office

10,228 SF
Availability

2 Spaces

9,000 SF
For Lease

$12.00/SF/YR
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125 South Wacker Drive

125 South Wacker Drive, Chicago Loop, Chicago, IL
Property

Office

576,788 SF
Availability

2 Spaces

25,427 SF
Year Built

1974
For Lease Contact for pricing
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7555 N California Ave

7555 N California Ave, West Rogers Park, Chicago, IL
Property

Restaurant

1,640 SF
Year Built

2012
For Sale

$1,800,000
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3450 N Kostner Ave

3450 N Kostner Ave, Kilbourn Park, Chicago, IL
Property

Industrial

18,000 SF
Year Built

1962
For Sale

$1,995,000
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231 South LaSalle Street

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

Office

1,056,000 SF
Availability

7 Spaces

14,637 SF
Year Built

1922
For Lease Contact for pricing
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600 West Chicago

600 West Chicago Avenue, Goose Island, Chicago, IL
Property

Office

1,650,000 SF
Availability

2 Spaces

325,413 SF
Year Built

2001
For Lease

$29.50/SF/YR
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1810 S Jefferson St

1810 S Jefferson St, East Pilsen, Chicago, IL
Property

Multi-Family

2,649 SF
For Sale

$750,000
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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 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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