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.

6217 N. Milwaukee - 1,600 SF Commercial Building

6217 N. Milwaukee Avenue, Norwood Park East, Chicago, IL
Property

Office

1,600 SF
Year Built

1955
For Sale

$159,000
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118 S. Clinton Street

118 S Clinton St, West Loop, Chicago, IL
Property

Retail

72,018 SF
Availability

1 Space

1,500 SF
Year Built

1903
For Lease Contact for pricing
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3962 W Grand Ave

3962 W Grand Ave, Humboldt Park, Chicago, IL
Property

Multi-Family

4,022 SF
For Sale

$1,350,000
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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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Office Coworking Retail Industrial

Office Retail Industrial Land
Ford City Mall

7601 South Cicero Avenue, Ford City, Chicago, IL
Property

Retail

1,258,480 SF
Availability

48 Spaces

316,250 SF
Year Built

1965
For Lease Contact for pricing
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1980 N. Milwaukee Avenue

1980 N. Milwaukee Avenue , Logan Square, Chicago, IL
Property

Retail
Availability

1 Space

4,102 SF
Year Built

2018
For Lease Contact for pricing
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Historic Gold Coast 3-Story 7,200 SF Office/Retail Property

802-804 N Dearborn St, Near North Side Chicago, Chicago, IL
Property

Office

7,200 SF
Year Built

1889
For Sale

$2,300,000
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3735 N Clark St

3735 N Clark St, Wrigleyville, Chicago, IL
Property

Retail

2,000 SF
Availability

1 Space

2,000 SF
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
Availability

1 Space

13,400 SF
Year Built

1978
For Lease

$18.50/SF/YR
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Cumberland Metro Office Park

5310 North Cumberland Avenue, O'Hare, Chicago, IL
Property

Office

164,448 SF
Availability

2 Spaces

26,195 SF
Year Built

1981
For Lease Contact for pricing
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4953 W 63rd St

4953 W 63rd St, Clearing East, Chicago, IL
Property

Office

1,000 SF
Availability Contact for availability
Year Built

1968
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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67 E Madison

67 East Madison , Downtown Chicago, Chicago, IL
Property

Office

97,000 SF
Availability

12 Spaces

24,408 SF
Year Built

1918
For Lease

$25.00 - $32.00/SF/YR
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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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1000 W Washington Boulevard

1000 W Washington Boulevard, Fulton Market, Chicago, IL
Property

Retail
Availability

2 Spaces

6,058 SF
For Lease Contact for pricing
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833 West Jackson Boulevard

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

Office

61,900 SF
Availability

2 Spaces

12,719 SF
Year Built

1930
For Lease Contact for pricing
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1 South Dearborn Street
WeWork
1 South Dearborn Street, Chicago, IL
Services

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

Ethernet

Free water

Game room

High-speed wifi

IT support

Kitchen

Lounge area

Mother’s room

Office supplies
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101615 . Dynamic Tri-plex BFR Chicago, IL

101615 . Dynamic Tri-plex BFR Chicago, IL, Oakland, Chicago, IL
Property

Multi-Family

109,350 SF
Year Built

2024
For Sale

$29,700,000
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1026 W Van Buren St

1026 W Van Buren St, Near West Side, Chicago, IL
Property

Office

25,371 SF
Year Built

1907
For Sale

Subject To Offer
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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
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430 North Damen Avenue

430 North Damen Avenue, West Town, Chicago, IL
Property

Industrial

10,500 SF
Availability

1 Space

10,500 SF
For Lease

$16.50/SF/YR
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2200 W Lawrence Avenue

2200 W Lawrence Avenue, Lincoln Square, Chicago, IL
Property

Retail
Availability

1 Space

6,000 SF
For Lease Contact for pricing
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1550-1556 West Carroll Avenue

1550 West Carroll Avenue, Near West Side, Chicago, IL
Property

Office

84,600 SF
Availability

1 Space

9,730 SF
Year Built

1922
For Lease Contact for pricing
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937-939 W Randolph Street

937-939 W Randolph Street, Fulton Market, Chicago, IL
Property

Office

9,000 SF
Availability

4 Spaces

5,949 SF
For Lease

$36.00/SF/YR
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North Chicago Hospital Building

2551 North Clark Street, Park West, Chicago, IL
Property

Office

50,000 SF
Availability

4 Spaces

4,328 SF
Year Built

1986
For Lease

$26.00 - $32.00/SF/YR
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1665 W Fullerton Ave

1665 W Fullerton Ave, Sheffield, Chicago, IL
Property

VacantLand

5,250 SF
Year Built

1893
For Sale

$1,100,000
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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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Thorek Memorial Hospital

Thorek Memorial Hospital- 840 West Irving Park Road, Buena Park, Chicago, IL
Property

Office

205,000 SF
Availability

4 Spaces

10,110 SF
For Lease

$24.00 - $34.00/SF/YR
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Concourse Chicago

8623 W Bryn Mawr Avenue, O'Hare, Chicago, IL
Property

Office

13,704 SF
Availability

4 Spaces

11,928 SF
Year Built

1987
For Lease

$27.50/SF/YR
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Fulton Market | Mixed-Use

1115 W Lake Street, Fulton Market, Chicago, IL
Property

Retail

7,500 SF
Availability

1 Space

2,500 SF
Year Built

1898
For Lease

$40.00/SF/YR
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Clear Ridge Medical Center

6745 W 63rd Street, Clearing, Chicago, IL
Property

Office

2,850 SF
Availability

1 Space

650 SF
For Lease

$1,200.00/MO
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1508-1516 N Keating Ave, Chicago, IL

1508-1516 N Keating Ave, Austin, Chicago, IL
Property

Land

0.69 SF
For Sale Contact for pricing
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50-Unit Development Site

5354 N Sheridan Road, Edgewater Beach, Chicago, IL
Property

VacantLand
For Sale

$3,900,000
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954 West Washington Boulevard

954 West Washington Boulevard, Fulton Market, Chicago, IL
Property

Office

148,000 SF
Availability

12 Spaces

54,365 SF
For Lease

$26.00 - $32.50/SF/YR
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1645 N Clybourn Ave

1645 North Clybourn Avenue, Ranch Triangle, Chicago, IL
Property

Multi-Family

5,403 SF
Year Built

1998
For Sale

$1,588,000
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North Center | Fully-Built Medical / Retail Condo

3807 N Lincoln Ave., North Center, Chicago, IL
Property

Retail

1,833 SF
Availability

1 Space

1,833 SF
For Lease

$4,500.00/MO
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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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Logan Square Office Building

2659 N Milwaukee Ave, Logan Square, Chicago, IL
Property

Office

9,200 SF
Availability

1 Space

9,200 SF
Year Built

1921
For Lease Contact for pricing
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3500 N Kostner Ave

3500 N Kostner Ave, Kilbourn Park, Chicago, IL
Property

Industrial

30,450 SF
Year Built

1951
For Sale

$2,300,000
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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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The Chicago Club

81 E Van Buren, Downtown Chicago, Chicago, IL
Property

Office

120,800 SF
Availability

2 Spaces

1,600 SF
Year Built

1929
For Lease

$38.00 - $70.00/SF/YR
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Commerce Park Chicago

3300 E. 122nd St., Hegewisch, Chicago, IL
Property

Industrial

1,840,850 SF
Availability

1 Space

1,840,850 SF
Year Built

2022
For Lease Contact for pricing
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223 West Jackson Blvd

223 West Jackson Blvd, Chicago Loop, Chicago, IL
Property

Office

167,774 SF
Availability

17 Spaces

55,216 SF
Year Built

1910
For Lease

$23.00 - $95.00/SF/YR
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Michigan Plaza

205 North Michigan Avenue, Chicago Loop, Chicago, IL
Property

Office

950,657 SF
Availability

1 Space

18,901 SF
Year Built

1986
For Lease Contact for pricing
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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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Kimball Arts Center | 2nd Generation Restaurant Space

1757 N Kimball Ave, Humboldt Park, Chicago, IL
Property

Retail

48,000 SF
Availability

2 Spaces

3,788 SF
Year Built

1938
For Lease

$22.07 - $26.00/SF/YR
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7424 S Lockwood Ave

7424 S Lockwood Ave, Bedford Park, IL
Property

Industrial

84,461 SF
Availability

1 Space

84,461 SF
For Lease Contact for pricing
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1800 South Union Avenue

1800 South Union Avenue, East Pilsen, Chicago, IL
Property

Other

40,623 SF
For Sale

$1,980,000
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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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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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6054 S. Prairie

6054 South Prairie Avenue, Washington Park, Chicago, IL
Property

Retail

900 SF
Year Built

1925
For Sale

$175,000
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40 North Wells

40 N Wells, Chicago Loop, Chicago, IL
Property

Office

16,625 SF
Availability

2 Spaces

4,620 SF
Year Built

1874
For Lease

$20.00/SF/YR
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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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