Wednesday, June 10, 2026
Family Office Briefing on research bySavills·Apr 27, 2023

Downtown Chicago 2022 Q4 Market Report

Downtown Chicago office market shows weakened fundamentals in Q4 2022 — family offices should consider co-GP opportunities with disciplined operators.

ChicagoIllinois2022

Key Metrics

MetricValue
Availability Rate25.3%
Asking Rental Rate43.20$/SF
Class A Asking Rental Rate49.64$/SF
Quarterly Leasing Activity1.7MSF
Available Sublease Space6.8MSF

Metrics extracted from the source report and independently fact-checked. Method →

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