1808 West 95th Street — Lease in Chicago, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Chicago, IL 60643
- Size: 7,379 SF
Description
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Market Context
This office in Chicago, IL is listed for lease across 7,379 SF. It has been on the market for 55 days. Compare it against other office listings for lease in Chicago, IL — view the full market.
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: multiple brokerage reports, Q1 2026.
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 multiple brokerage reports.
- Is the Chicago office market tightening or softening?
- Vacancy is around 26.9%, with asking rents rising year over year (Q1 2026).
Estimated Market Rate
$5.65/SF/mo – $7.64/SF/mo
Mid: $6.64/SF/mo
Estimated total for 7,379 SF: $48,997 per month
Rate-first confidence-weighted blend with cost-of-business adjustment.
Based on comparable properties in similar markets rather than local sales.
Contact
- Jim Schutter · 1312446-7283 · james.schutter@nmrk.com
- Jim Schutter · 1312446-7283 · james.schutter@nmrk.com
- Nick Garlick · 1312224-3235 · nick.garlick@nmrk.com
Explore this market
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