River North (established, ~$48/sqft/yr) is one of 6 Chicago Class A submarkets we track.

  • River North sits at established tier.
  • Average rent $48/sqft/yr vs city average 52.
  • Compared submarkets: West Loop (trophy), The Loop (prime), Fulton Market (prime).

River North vs other Chicago submarkets

River North (established, ~$48/sqft/yr) is one of 6 Chicago Class A submarkets we track.

TL;DR

  • River North sits at established tier.
  • Average rent $48/sqft/yr vs city average 52.
  • Compared submarkets: West Loop (trophy), The Loop (prime), Fulton Market (prime).

Side-by-side with peers

**West Loop** (trophy, $70/sqft/yr) — Chicago's resurgent trophy quarter. **The Loop** (prime, $50/sqft/yr) — The historic financial spine. **Fulton Market** (prime, $65/sqft/yr) — Tech-and-creative spine northwest of the Loop. **West Loop Gate** (established, $38/sqft/yr) — Quietly emerging western Class A spine. **Streeterville** (prime, $44/sqft/yr) — Magnificent Mile-adjacent professional cluster.

Key facts

cityChicago
submarketRiver North
tierestablished
averageRentLocal$48/sqft/yr
cityClassARentUsd$52/sqft/yr
cityVacancyPct24.5%

Frequently asked questions

What other submarkets compete with River North in Chicago?
West Loop, The Loop, Fulton Market

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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