Office for Lease in Chicago, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Chicago, IL 60607
Description
Office | For Sublease: 13,852 - 43,002 SF Brand new build out with modern finishes and natural light. Building offers shuttle service to Union and Ogilvie train stations and tenants have access to 1330 W Fulton amenities including state-of-th
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 · 457143 3125 · jeff.newcom@colliers.com
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