TOC / sq ft / yr
Under $60
$60 – $120
$120 – $200
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Chicago Office Occupancy Costs
Total occupancy cost for Grade A office space in Chicago (Loop/CBD) is $105.52 per sq ft ($1136 per sq m) per year. Office rent is $35.07 per sq ft ($378 per sq m). The total includes rent, service charge, business rates, fit-out, facilities management, utilities and exit costs.
| Submarket | Rent / sq ft | Rent / sq m | Total cost / sq ft | Total cost / sq m |
|---|---|---|---|---|
| Loop/CBD | $35.07 | $378 | $105.52 | $1136 |
| River North | $33.31 | $359 | $104.71 | $1127 |
| West Loop/Fulton Market | $43.98 | $473 | $115.34 | $1242 |