Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Chicago commercial real estate market incorporates 286,065,962 square feet of office space across 1,093 buildings.
Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Chicago, the coworking segment of the commercial real estate market incorporates about 166,440 square feet.
- Retail space
includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Chicago commercial real estate market includes 34,495,879 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Chicago market, there is a total of 120,124,118 square feet of industrial property.
332 South Michigan Avenue Suite 900, Chicago, ILServices
159 N. Sangamon Street Suite 200 & 300, Chicago, IL.jpg?width=450 "4801 West Peterson Avenue")
4801 West Peterson Avenue, South Edgebrook, Chicago, ILFor Lease
104 South Michigan Avenue, Downtown Chicago, Chicago, ILFor Lease
5410-5480 W Roosevelt Road, Austin, Chicago, ILFor Lease
625 North Michigan Avenue, Streeterville, Chicago, ILFor Lease
111 W Jackson Blvd, Chicago Loop, Chicago, ILFor Lease
5401 S. Wentworth, Fuller Park, Chicago, ILFor Lease
470 W. Chicago Avenue, Cabrini - Green, Chicago, ILFor Lease
2322 N Clark St, Lincoln Park, Chicago, ILFor Lease
4730 North Kimball Avenue, Albany Park, Chicago, ILFor Lease
622-624 W. 79th Street, Auburn Gresham, Chicago, ILFor Sale
7701-7757 W Lawrence Ave, Norridge, ILFor Sale
203 North LaSalle Street, Chicago Loop, Chicago, ILFor Lease
6513 N Clark St., Rogers Park, Chicago, ILFor Sale
5343 No Kedzie Avenue, North Park, Chicago, ILFor Lease
303 West Madison Street, Chicago Loop, Chicago, ILFor Lease
414-424 E 71st Street, Park Manor, Chicago, ILFor Sale
2353 S Whipple St, Little Village, Chicago, ILFor Sale
1241 N Clybourn Ave, Old Town Chicago, Chicago, ILFor Lease
212 E Ontario St, Streeterville, Chicago, ILFor Sale
2115 S Halsted Street, East Pilsen, Chicago, ILFor Lease
100 East Walton Street, Gold Coast, Chicago, ILFor Sale
70 West Madison Street, Chicago Loop, Chicago, ILFor Lease
444 West Lake Street, Fulton River District, Chicago, ILFor Lease
5700 N Central Ave, Jefferson Park, Chicago, ILFor Lease