One Rotary Center — Lease in Evanston, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Evanston, IL
- Size: 368,665 SF
Description
One Rotary Center - Available for lease
Market Context
This office in Evanston, IL is listed for lease across 368,665 SF. It has been on the market for 208 days. Compare it against other office listings for lease in Evanston, 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).
Contact
- Steven Holmberg · +1 (312) 470-1895 · Steven.Holmberg@cushwake.com
Explore this market
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