West Loop Gate is a established-tier Chicago submarket with average asking rent around $38/sqft/yr.

  • Average asking rent: $38/sqft/yr.
  • Tier: established.
  • Citywide Class A rent context: $52/sqft/yr ($52 USD).
  • Citywide vacancy: 24.5% — submarket-level availability is typically tighter at established tier.

West Loop Gate, Chicago office rents and availability

West Loop Gate is a established-tier Chicago submarket with average asking rent around $38/sqft/yr.

TL;DR

  • Average asking rent: $38/sqft/yr.
  • Tier: established.
  • Citywide Class A rent context: $52/sqft/yr ($52 USD).
  • Citywide vacancy: 24.5% — submarket-level availability is typically tighter at established tier.

Where rent sits

West Loop Gate averages around $38/sqft/yr for Class A, against a citywide Class A index of 52. As an established / value submarket, rent runs at or below city average with deeper availability.

Availability dynamics

Quietly emerging western Class A spine. Professional services, regional HQs, technology back-office.

Key facts

cityChicago
submarketWest Loop Gate
tierestablished
averageRentLocal$38/sqft/yr
cityClassARentUsd$52/sqft/yr
cityVacancyPct24.5%

Frequently asked questions

What is the average Class A rent in West Loop Gate, Chicago?
Around $38/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.

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