Millennium Park, Art Institute, Block 37.
Millennium Park, Art Institute, Block 37.
Millennium Park, Art Institute, Block 37.
Premium hotel and dining inventory is tight to the submarket — important for international client hosting.
| city | Chicago |
|---|---|
| submarket | The Loop |
| tier | prime |
| averageRentLocal | $50/sqft/yr |
| cityClassARentUsd | $52/sqft/yr |
| cityVacancyPct | 24.5% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.