Office in Chicago, IL — Sale in Chicago, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Chicago, IL 60612

Description

3 Units Available! Available: 3N: 1,428 SF 4N: 1,428 SF 4S: 1,248 SF (can be combined with 4N for a full floor of 2,856 SF) Design to suit. 1 indoor parking space included.

Market Context

This office in Chicago, IL is listed for sale. It has been on the market for 196 days. Compare it against other office listings for sale 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 assets trade 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).

Contact

Explore this market

Similar Office for Sale in Chicago, IL