Streeterville is a prime-tier Chicago submarket with average asking rent around $44/sqft/yr.

  • Average asking rent: $44/sqft/yr.
  • Tier: prime.
  • Citywide Class A rent context: $52/sqft/yr ($52 USD).
  • Citywide vacancy: 24.5% — submarket-level availability is typically tighter at prime tier.

Streeterville, Chicago office rents and availability

Streeterville is a prime-tier Chicago submarket with average asking rent around $44/sqft/yr.

TL;DR

  • Average asking rent: $44/sqft/yr.
  • Tier: prime.
  • Citywide Class A rent context: $52/sqft/yr ($52 USD).
  • Citywide vacancy: 24.5% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Streeterville averages around $44/sqft/yr for Class A, against a citywide Class A index of 52. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Magnificent Mile-adjacent professional cluster. Healthcare, higher education, professional services, media.

Key facts

cityChicago
submarketStreeterville
tierprime
averageRentLocal$44/sqft/yr
cityClassARentUsd$52/sqft/yr
cityVacancyPct24.5%

Frequently asked questions

What is the average Class A rent in Streeterville, Chicago?
Around $44/sqft/yr. The citywide Class A index sits at $52/sqft/yr.

Related

Editorial provenance

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

Primary sources for this page

Full sources index · Submit a correction

Related topics