Wednesday, July 8, 2026
Family Office Briefing on research bySavills·Jan 3, 2025

Downtown Chicago Q4 2024 Office Market Report

Downtown Chicago office availability rate increased to 29.6% in Q4 2024 — family offices should consider co-GP opportunities with disciplined operators.

OfficeChicagoIllinoisQ4 2024

Key Metrics

MetricValue
Availability Rate29.6%
Asking Rental Rate44.81$/sf
Class A Asking Rental Rate53.18$/sf
Quarterly Leasing Activity2.9msf

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

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