West Loop Gate (established, ~$38/sqft/yr) is one of 6 Chicago Class A submarkets we track.
West Loop Gate (established, ~$38/sqft/yr) is one of 6 Chicago Class A submarkets we track.
**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. **River North** (established, $48/sqft/yr) — Boutique HQs and creative agencies. **Streeterville** (prime, $44/sqft/yr) — Magnificent Mile-adjacent professional cluster.
| city | Chicago |
|---|---|
| submarket | West Loop Gate |
| tier | established |
| averageRentLocal | $38/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.