{
  "url": "https://classa.info/cities/chicago/the-loop/topics/rents-and-availability",
  "title": "The Loop, Chicago office rents and availability",
  "description": "Asking rents and Class A availability in the The Loop submarket of Chicago.",
  "oneSentenceAnswer": "The Loop is a prime-tier Chicago submarket with average asking rent around $50/sqft/yr.",
  "tldr": [
    "Average asking rent: $50/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."
  ],
  "keyFacts": {
    "city": "Chicago",
    "submarket": "The Loop",
    "tier": "prime",
    "averageRentLocal": "$50/sqft/yr",
    "cityClassARentUsd": "$52/sqft/yr",
    "cityVacancyPct": "24.5%"
  },
  "faqs": [
    {
      "question": "What is the average Class A rent in The Loop, Chicago?",
      "answer": "Around $50/sqft/yr. The citywide Class A index sits at $52/sqft/yr."
    }
  ],
  "pageType": "nb-topic",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/chicago/the-loop/topics/rents-and-availability), updated 2026-04-15T00:00:00.000Z."
}