Commercial Real Estate Chicago Market Information
When youre seeking out information on commercial real estate markets, you want to know all the facts. The Coldwell Banker Commercial organization is here to provide them. If you need to know anything about market trends or general data pertaining to Chicago real estate, youve come to the right place. To find out more, contact a local Chicago commercial professional!
Chicago Commercial Real Estate Benefits
As the third most populous city in the United States, its only natural to assume that there are myriad business opportunities to be had in Chicago, and hence, numerous benefits to owning or renting commercial real estate in Chicago.
Chicago is a hub city, with its OHare airport the second busiest airport in the world. Chicago is one of the most visited cities in the United States as well, and it features an impressive skyline, a rich musical heritage, a world-championship baseball team and many other features making it attractive to businesses.
Industrial Space For Lease In Chicago
Distribution, warehousing, manufacturing, and anything in the logistics of the new economy is hot. Finding industrial space to lease quickly can be key to expanding your footprint in multiple markets .
Were here to help you find space with the physical, technical, and geographical requirements you need to succeed.
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Commercial Real Estate Listings In Chicago’s Loop Suburbs And Surrounding States
Not only are there many kinds of commercial real estate in Downtown Chicago, but there are many different neighborhoods, suburbs and cities in the Chicagoland area that can offer ideal building, land and build-out options to meet your needs. No matter your company type or size, the commercial real estate agents at Millennium Properties can help find numerous properties and locations to support your business drivers, whether that includes foot traffic or easy access to major highways.
With a focus on Chicago area neighborhoods, including the Downtown Chicago Loop, and the surrounding communities and suburbs throughout the Chicagoland area, our team of commercial real estate brokers has developed impressive knowledge of the local market, occupancy trends and market rents. This level of in-depth Chicago familiarity can be the difference between selecting the optimal commercial real estate for rent in an upcoming neighborhood and over-paying for a space in the wrong part of town. Your business can’t risk the downside of moving forward with a commercial real estate listing in the wrong location!
Useful Tips To Make Your Pop
With so many pop up shop venues to choose from, you should be able to find one that works for you and your business. Here are some tips to ensure your pop-up shop rental turns into a great success in Chicago: Location is everything. Choosing a location for your pop-up shop rental is very important, as it will determine the type of footfall you can expect. Make sure to find a prime location in a popular neighbourhood where your target consumers like to shop. Beautiful property with unique architectural elements and local artwork will definitely give your rental pop-up a classy feel that’s worth talking about.
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What Are The Top Locations For Retail In Chicago
Chicago is a huge market for retailers with its population of 2.71 million and vibrant tourist industry. There are entire streets lined with storefronts, but Chicagoans also have access to shopping malls.
The Central Area is a prime location for retail with busy areas like State Street, North Michigan Avenue, and Roosevelt Road. Chinatown is a subsection of the Central Area that attracts retailers as well. These areas attract a mix of residential customers, students, and tourists.
Retailers who specialize in luxury items should consider a location on Oak Street. The River North neighborhood isnt far from Michigan Avenue, and its a popular spot for art galleries and furniture stores.
The Magnificent Mile or Mag Mile that runs between the River North and Streeterville neighborhoods is a popular touristic spot and busy shopping area.
The Water Tower Place is an impressive mall with eight levels and more than 100 stores. There are other malls to consider, including Woodfield Mall and the Fashion Outlets of Chicago.
If youre looking for budget-friendly locations, the Lincoln Square area is further away from Downtown Chicago and is a spot where small businesses thrive. Inner-city locations like the Little Village can be more affordable while being near busy shopping streets.
Chicago Office Space For Lease
Work is changing. Employees want flexibility and convenience. They want office space in locations where they choose to live, and want it to cater to their needs. Having affordable space in a downtown area is how you attract todays top talent. Leasing space is how you guarantee your flexibility.
Lower maintenance costs. Less responsibility. More options. Thats what leasing offers. Being tied down is yesterdays business model. Find the space that attracts todays best employees. Its a way to build retention, not obligation.
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Chicago Il Commercial Real Estate
- 600 West Jackson ,West Loop,Chicago, IL
How Much Does Renting A Retail Space In Chicago Cost
The size and location of a retail space can cause its price to vary from anywhere between $500 USD and $6,000 a day in Chicago. Most retail spaces are somewhere in the $1,500 USD to $3,000 USD a day range.
You can rent a small pop-up space in the West Loop for around $500 USD a day.
If you dont mind not being near the busiest area, you can rent larger retail spaces in the Lincoln Park area for around $1,000 USD a day.
Youll find that most options are in the $2,000 USD to $3,000 USD a day range. There are spaces available in the Chicago Loop, River North, and Gold Coast neighborhoods in this price range.
If youre willing to spend a little over $3,000 USD a day, you can find retail spaces near the Mag Mile. Spending more than $5,000 USD will give you access to exceptional locations like rooftop venues.
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Search Commercial Real Estate For Sale Or Lease In Chicago
Looking for commercial real estate in or around downtown Chicago? If so, youre in the right place. Regardless of whether youre looking for the perfect office, studio, restaurant, or retail space, the commercial team at Gold Coast Realty can help your business grow by finding you an ideal location that fits all your business needs and wants. To help with your commercial real estate search in Chicago, weve conveniently provide several different way to browse whats currently on the market. First, narrow down your choices by the type of commercial property you need. Search industrial properties, office/tech space, or restaurant/retail space by clicking any of the options below. Also search commercial properties in some of Chicago’s hottest neighborhoods by choosing your preferred location a bit further down the page.
East Chicago In Commercial Real Estate Listings Summary
There is currently a total of 1,286,339 square feet of commercial space for lease or for sale in East Chicago, IN across 16 listings and 8 unique spaces. Vacancies on the market span all property types and building classes, and offer great variety in location-specific advantages. Use our intuitive research tools to filter your search by available space, location, property type, asking price and more. Find the space that works best for you and for your business: view high-quality listing and property photos, compare with other listings in the market, and even contact the broker directly from the website.
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Commercial Real Estate Chicago
Theres a lot to know about commercial real estate in Chicago, whether youre looking for commercial space for rent in Chicago or for sale. There are some fantastic industrial property opportunities throughout the area if you know where to look, so if youre seeking industrial space for rent in Chicago, its crucial you have an expert guide you.
Businesses are shuffling office space in Chicago, and if you can get in at the right time, you can get an unbelievable deal on the perfect office building for your business but again, your timing has to be right, and you have to know where to look. Thats why whether youre looking for commercial space for rent in Chicago or to buy, you need the Coldwell Banker Commercial organization in your corner.
Our affiliated professionals in Chicago know the area and know the market. They know when to move on a warehouse for sale in Chicago and when the right office space is opening up. If youre looking for a Chicago warehouse for rent, they can find the cheapest location. If youre looking to buy space for a retail location, they can tell you which ones get the most traffic. For drive, experience and local knowledge in Chicago, Coldwell Banker Commercial professionals are the best bet for your business.
What Sets The Coldwell Banker Commercial Organization Apart
Chicago commercial real estate can be complex to navigate. The city is awash in opportunities for industrial, office, retail and apartment transactions, but its easy to make a mistake if you dont have the right team working for you. The Coldwell Banker Commerical Organization has been in business for over 100 years, largely because of the entrepreneurial spirit and commitment to excellence on which the company was founded.
With thousands of transactions a day and a network of real estate professionals that spans over 40 countries, our level of experience and standard of quality is beyond question. But whats important to you as a business dealing in commercial real estate is expertise in your local market, which is why we ensure the real estate offices in your network have the ultimate familiarity with the markets they serve. Your Coldwell Banker Commercial professional in Chicago knows Chicago, and when that agent learns your needs for Chicago real estate, will know exactly the plan of attack for getting you what you need.
That professional will walk you through each step of the process so you always have total control over your transaction, and we wont slow down until were sure your satisfied. Whether your business is a small local retail shop or a large corporation, the Coldwell Banker Commercial organization wants to be your commercial real estate solution for years to come.
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Dedicated Commercial Real Estate Agents & Brokers
As one of the top commercial real estate companies in Chicago, it’s no surprise that when new commercial real estate for sale hits the market, our brokers and agents immediately reach out to their network of active investors and companies looking for new local space. This proactive approach helps our clients grab up some of the hottest real estate on the market. Conversely, when Millennium Properties’ clients are planning to sell their existing real estate, we work just as hard to reach prospective buyers through advertising and other commercial real estate marketing efforts.
We’ve worked hard to develop trusting, transparent and continued relationships with our investors, owners and occupants, by helping them find the right Chicago commercial real estate listings. In doing so, we’ve surpassed other local commercial real estate companies in terms of excellent service and trust, simply by having a firm grasp of the local market and a thorough understanding of our clients’ business challenges.
Whether you need insightful market condition research, building improvement recommendations or consulting on a long-term growth strategy, our knowledgeable team of commercial real estate brokers and agents will provide a helping hand and guidance in support of your goals. From negotiating the best price for your preferred piece of Chicago commercial real estate to securing tenants and recommending local construction and service providers, we’re here to support you.
Chicago Il Commercial Real Estate Listings Summary
There is currently a total of 45,069,670 square feet of commercial space for lease or for sale in Chicago, IL across 2,081 listings and 4,539 unique spaces. Vacancies on the market span all property types and building classes, and offer great variety in location-specific advantages. Use our intuitive research tools to filter your search by available space, location, property type, asking price and more. Find the space that works best for you and for your business: view high-quality listing and property photos, compare with other listings in the market, and even contact the broker directly from the website.
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Types Of Commercial Space For Lease Rent & Sale In Chicago
From retail space to offices and industrial properties, the team of commercial real estate brokers at Millennium Properties can help you find real estate opportunities to take your business to the next level. When you’re doing business in a facility that makes sense for your workforce, enhances your processes or puts you in closer proximity to your customers, you can cut costs, increase foot traffic, improve your margins and develop efficiencies that would not otherwise have been possible.
In addition, we realize that convenient access to transportation methods and carriers is a top priority for many companies. As we research available commercial real estate opportunities, we’ll ensure that prospective locations have access to any required transportation hubs for road, air, or rail, as well as requisite intermodal, warehousing, or truck terminal facilities.
Just a few examples of the many kinds of commercial real estate listings that our Chicago clients are actively buying, selling, and leasing on a regular basis include:
- Medical offices, hospitals and clinics
- Single or multi-tenant office buildings in the suburbs or Chicago
- Restaurants, bars and cafés
- Retail shopping centers and individual storefronts
- Automotive properties and garages
- Production, manufacturing and various industrial buildings
- Apartments, duplexes and other investment income rental buildings
- Hotels and other lodging accommodations
- Churches and other religious congregation spaces
- Farmland or woodland acreage
East Chicago In Commercial Real Estate
- 5204 Indianapolis Blvd.,Southside East Chicago,East Chicago, IN
- For Lease
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