Wednesday, June 10, 2026
Family Office Briefing on research bySavills·Apr 5, 2024

Downtown Chicago Q1 2024 Office Report

Downtown Chicago office market sees 28.6% availability in Q1 2024 — family offices should consider co-GP opportunities with quality operators.

OfficeChicagoIllinoisQ1 2024

Key Metrics

MetricValue
Availability Rate28.6%
Asking Rental Rate43.70$/sf
Class A Asking Rental Rate50.66$/sf
Quarterly Leasing Activity2.0msf
Available Sublease Space7.0msf

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

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