The current commercial office space vacancy rates in the greater Chicago area has been roughly around 13% and has dropped since it was upwards of 20% in 2009. With the vacancy rates consistently high in recent months, there has been a great wealth of options for business owners of all sizes to build and house their companies. If you need to rent a commercial office space in Chicago (whether temporary, long term, monthly, or even a serviced suite), all you need to do is contact us and we'll help you find the perfect office rental. Chicago is a major hub for business industry, and is recognized as a fast growing financial hub. With so many options to explore, executive suites are available at around $495 fully furnished, in the lower end, and rise steadily to larger opportunities for those that have both financial need and resources. On the higher end, some shared Chicago office space for commercial reasons are roughly $1800 a month (as the square footage varies) and offer amenities like great views and in many cases fully furnished. Always try to plan ahead and decide how many employees you will have and what type of floor plan you need. If you need to rent an office or executive suite in New York, Boston, Providence, or Cleveland we can also help you search for your next office.
The largest city in the state of Illinois, and the third largest city in the United States is none other than Chicago. The city is home to roughly 2.8 million people, and has a greater metropolitan area of roughly 9.7 million people. The city was founded in 1833 and has transitioned from different levels of industry, and is now one of the largest business centers in the United States, and is recognized globally.
The city has several nicknames that reflect the many opinions of the city including “Chi-Town”, “Windy City”, and “City of Big Shoulders”. It was even once heralded as “The Most American of Big Cities”.
The city is home to one of the busiest airports in the world. Chicago’s O’Hare International Airport or simply known as O’Hare is a major hub of travel for several large-scale companies. It caters to an estimated 64,397,782 passengers annually. It is ranked as the fourth largest airport in the world, and has roughly 2,409 flights per day with over half of them being commercial flights. The airport has gone through major changes in recent years, and is like many other large-scale operations, offering travelers a wealth of opportunities for leisure, shopping, and entertainment.
Chicago has a great amount of commercial real estate developments (and many of the larger Chicago commercial office spaces are occupied by the large local businesses in the area). With such a large population of Fortune 500 companies, and residents calling the metropolitan area home, it is no wonder that there are a lot of opportunities to look at in terms of commercial, retail, and personal real estate options. Despite the many options open to people, the unemployment and vacancy rates have hovered around double digits for quite some time.
Chicago is a large city with a deep cultural history in both performing arts and sports sectors. Some of the biggest franchises in sports call the area home, and tourists from all over the world flock to the city to see them play. The cuisine of Chicago is also worth noting, as they are famous for their deep-dish pizza, hot dogs, and award winning cuisine from all types of backgrounds. A debate rages on in regards to who has the best pizza, New York City or Chicago, and both city’s residents will say their own, and millions flock to the area to try it out for themselves.