Chicago, IL Commercial Real Estate for Lease and Sale

Explore 1,626 listings of Chicago commercial real estate to find the best space for your business.

3916 N Broadway St

3916 N Broadway St, Lakeview, Chicago, IL
Property

Office

4,000 SF
Year Built

1900
For Sale Contact for pricing
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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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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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13197 S. Torrence Avenue

13197 S. Torrence Avenue, Hegewisch, Burnham, IL
Property

Retail

4,608 SF
Year Built

1975
For Sale

$550,000
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
THE HAIRPIN ARTS CENTER

2800 N. Milwaukee Avenue, Jackowo, Chicago, IL
Property

Retail

37,800 SF
Availability

2 Spaces

8,053 SF
Year Built

1933
For Lease Contact for pricing
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West Lakeview Commercial Condo

3043 N Ashland Ave, Lakeview, Chicago, IL
Property

Office

6,858 SF
Availability

1 Space

2,000 SF
Year Built

1966
For Lease

$25.00/SF/YR
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210 North Carpenter

210 North Carpenter Street, Fulton Market, Chicago, IL
Property

Office

200,000 SF
Availability

1 Space

13,416 SF
Year Built

2018
For Lease Contact for pricing
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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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3824 N Clark Street

3824 N Clark St, Lakeview, Chicago, IL
Property

Multi-Family

4,686 SF
Year Built

1903
For Sale

$1,548,000
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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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3215 W Cermak Rd

3215 W Cermak Rd, Little Village, Chicago, IL
Property

Retail

5,000 SF
Availability

1 Space

2,200 SF
Year Built

1898
For Lease

$1,550.00/MO
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5140 N Clark St

5140 N Clark St, Andersonville, Chicago, IL
Property

Multi-Family

7,476 SF
Year Built

2004
For Sale

$1,900,000
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Roll & Roll Metal Fabricators

2310 W 58th Street, West Englewood, Chicago, IL
Property

Industrial

140,000 SF
Availability

1 Space

12,400 SF
Year Built

1950
For Lease

$10.00/SF/YR
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1701 W. Belmont

1701 W. Belmont, Lakeview, Chicago, IL
Property

Retail

2,600 SF
Availability

2 Spaces

2,600 SF
Year Built

2006
For Lease Contact for pricing
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7100 S. South Shore Drive

7100 S South Shore Dr, South Shore, Chicago, IL
Property

Retail

5,055 SF
Availability

1 Space

5,055 SF
Year Built

1923
For Lease

$5,500.00/MO
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1917 West Walnut Street

1917 West Walnut Street, Near West Side, Chicago, IL
Property

Industrial

47,869 SF
For Sale

Subject To Offer
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1030 N Clark St, Chicago, IL 60610

1030 N Clark St, Near North Side Chicago, Chicago, IL
Property

Office

111,375 SF
Availability

4 Spaces

17,900 SF
For Lease

$28.50/SF/YR
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Reid Murdoch Center

325 North LaSalle Street, River North, Chicago, IL
Property

Office

325,000 SF
Availability

11 Spaces

110,255 SF
Year Built

2002
For Lease Contact for pricing
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1027 West Addison Street

1027 West Addison Street, Wrigleyville, Chicago, IL
Property

Retail

1,291 SF
Availability

1 Space

1,291 SF
For Lease

$75.00/SF/YR
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63rd & Ashland

1537-1547 W 63rd St, West Englewood, Chicago, IL
Property

VacantLand
For Sale

$199,000
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Commerce Park Chicago Building A

3426 E. 118th St. , Hegewisch, Chicago, IL
Property

Industrial

298,839 SF
Availability Contact for availability
Year Built

2021
For Lease Contact for pricing
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701 North Michigan Ave

701 North Michigan Ave, Streeterville, Chicago, IL
Property

Retail

22,900 SF
Availability

4 Spaces

17,966 SF
For Lease Contact for pricing
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The Franklin

222 West Adams Street, Chicago Loop, Chicago, IL
Property

Office

899,025 SF
Availability

2 Spaces

50,930 SF
Year Built

1992
For Lease Contact for pricing
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800 Fulton Market

800 West Fulton Street, Fulton Market, Chicago, IL
Property

Office

466,500 SF
Availability

1 Space

11,945 SF
Year Built

2021
For Lease

$42.00/SF/YR
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77 W Washington St

77 W Washington St, Chicago Loop, Chicago, IL
Property

Office

861,200 SF
Availability

30 Spaces

49,488 SF
Year Built

1921
For Lease

$25.00 - $28.00/SF/YR
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400 North State Street

400 North State Street, Near North Side Chicago, Chicago, IL
Property

Office

30,900 SF
Availability

2 Spaces

16,520 SF
Year Built

1910
For Lease Contact for pricing
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6577 N Avondale

6577 N Avondale Avenue, Edison Park, Chicago, IL
Property

Office

3,575 SF
Availability

1 Space

3,575 SF
For Lease

$5,000.00/MO
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111 W Jackson Blvd

111 W Jackson Blvd, Chicago Loop, Chicago, IL
Property

Office

567,531 SF
Availability

29 Spaces

291,488 SF
Year Built

1960
For Lease Contact for pricing
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235 W Jackson Blvd

235 W Jackson Blvd, Chicago Loop, Chicago, IL
Property

Retail

7,300 SF
Availability

2 Spaces

7,300 SF
For Lease

$125.00/SF/YR
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Dixon Building

411 South Wells Street, Chicago Loop, Chicago, IL
Property

Office

56,745 SF
Availability

1 Space

4,365 SF
Year Built

1908
For Lease Contact for pricing
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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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1754 W 21st Place

1754 W 21st Place, Heart of Chicago, Chicago, IL
Property

Multi-Family

4,800 SF
For Sale

$850,000
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4660 North Ravenswood Avenue

4660 North Ravenswood Avenue, Ravenswood, Chicago, IL
Property

Office

47,432 SF
Availability

1 Space

3,070 SF
Year Built

1927
For Lease

$15.00/SF/YR
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1504 N Fremont Street

1504 North Fremont Street, Goose Island, Chicago, IL
Property

Retail

13,633 SF
For Sale

Subject To Offer
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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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Salesforce Tower

333 Wolf Point Plaza, River North, Chicago, IL
Property

Office

1,200,000 SF
Availability

6 Spaces

259,950 SF
Year Built

2023
For Lease Contact for pricing
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Small Versatile Commercial Space

1812 W Chicago Ave, East Village, Chicago, IL
Property

Retail

1,232 SF
Availability

1 Space

1,232 SF
Year Built

2011
For Lease Contact for pricing
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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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101 E 51st

101 E 51st, Washington Park, Chicago, IL
Property

Retail

7,833 SF
Year Built

2005
For Sale

$1,200,000
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6000 W Montrose Ave

6000 W Montrose Ave, Jefferson Park, Chicago, IL
Property

Retail

1,600 SF
For Sale

$850,000
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The Yards Plaza Outlot

2044 W 47th St, Back of the Yards, Chicago, IL
Property

Retail
Year Built

2010
For Sale

Subject To Offer
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3106 West Fullerton Avenue

3106 West Fullerton Avenue, Logan Square, Chicago, IL
Property

Multi-Family

4,356 SF
Year Built

1908
For Sale

$1,199,000
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3415 N Western Avenue

3415 N Western Avenue, Roscoe Village, Chicago, IL
Property

Retail

10,548 SF
Availability

1 Space

10,548 SF
For Lease Contact for pricing
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Chicago Luxury Furniture Centre

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

Retail

45,000 SF
Availability

6 Spaces

21,005 SF
Year Built

1908
For Lease

$35.00/SF/YR
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One South Wacker Drive

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

Office

1,195,170 SF
Availability

1 Space

6,814 SF
Year Built

1982
For Lease Contact for pricing
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1130 S Richmond St

1130 South Richmond Street, North Lawndale, Chicago, IL
Property

Multi-Family

5,500 SF
For Sale

$408,000
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2224 W Touhy Ave

2224 W Touhy Ave, West Rogers Park, Chicago, IL
Property

Office

1,529 SF
Availability

1 Space

1,529 SF
Year Built

2006
For Lease

$16.00/SF/YR
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1241 N Clybourn Ave, Chicago, IL

1241 N Clybourn Ave, Old Town Chicago, Chicago, IL
Property

Retail

1,900 SF
Availability

1 Space

1,900 SF
For Lease Contact for pricing
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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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3541-43 Southport

3541-43 Southport, Lakeview, Chicago, IL
Property

Retail

13,200 SF
For Sale

$2,700,000
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2545 West Diversey Avenue

2545 West Diversey Avenue, Logan Square, Chicago, IL
Property

Office

272,000 SF
Availability

1 Space

3,942 SF
Year Built

2011
For Lease Contact for pricing
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22 N Morgan St

22 North Morgan Street, Fulton Market, Chicago, IL
Property

Office

1,738 SF
Year Built

1944
For Sale

$499,000
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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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