Office for Lease in Chicago, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Chicago, IL 60606
Description
Office | For Sublease: 37,055 SF 37,055 SF -11th FloorFully furnished & wired222 Workstations (sit/stand)15 Private Offices16 Conference Rooms12 Phone RoomsAvailable: July 2025Term: Thru May 2027 or Dec 2030Rental Rate: Negotiabl Key Facts Available: July 2025 Term: Thru May 2027 or Dec 2030 Rental Rate: Negotiable
Market Context
This office in Chicago, IL is listed for lease. It has been on the market for 127 days. Compare it against other office listings for lease in Chicago, IL — <a href="/search/lease/office/illinois/chicago">view the full market</a>.
As of Q1 2026, the Chicago office market showed a 26.9% vacancy rate, average asking rents near $45.41/SF/yr, rents up 5.2% year over year, and cap rates around 9.8%. Source: Consensus Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Office market FAQ
- What is the typical cap rate for office in Chicago?
- About 9.8% as of Q1 2026, per Consensus.
- Is the Chicago office market tightening or softening?
- Vacancy is around 26.9%, with asking rents rising year over year (Q1 2026).
Contact
- Broker 1 · 312 777 2621 · kyle.hundelt@collliers.ocm
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