--- title: "Streeterville, Chicago — Class A submarket" description: "Magnificent Mile-adjacent professional cluster." canonical: https://classa.info/cities/chicago/streeterville pageType: neighborhood lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > Streeterville is a prime-tier Class A submarket of Chicago with average asking rent around $44/sqft/yr. ## TL;DR - Magnificent Mile-adjacent professional cluster. - Prime tier — ~$44/sqft/yr. - Strong Class A inventory. # Streeterville, Chicago — Class A submarket *Magnificent Mile-adjacent professional cluster.* · Tier: prime · Avg rent: $44/sqft/yr ## TL;DR - Magnificent Mile-adjacent professional cluster. - Prime tier — ~$44/sqft/yr. - Strong [Class A](/glossary/class-a) inventory. ## Overview Streeterville, east of Michigan Avenue, hosts a deep concentration of healthcare, education, and professional services HQs adjacent to Northwestern Medicine. ## Tenant profile Healthcare, higher education, professional services, media. ## Typical specification 20–40,000 sqft floor plates available across newer Class A stock. ## Transit Grand (CTA Red), Chicago (CTA Red). Multi-modal transit with high commute capture from the city's professional catchment. ## Amenities Navy Pier, Northwestern campus, Michigan Avenue retail. ## Comparable buildings - **NBC Tower** [](https://www.google.com/maps/search/?api=1&query=NBC%20Tower%2C%20454%20North%20Columbus%20Drive%2C%20Chicago%2C%20IL%2060611%2C%20Streeterville%2C%20Chicago%2C%20United%20States&query_place_id=ChIJFz8SfKksDogR4ePdt1o7nEE) - **401 N Michigan** [](https://www.google.com/maps/search/?api=1&query=401%20N%20Michigan%2C%20401%20North%20Michigan%20Avenue%2C%20Chicago%2C%20IL%2060611%2C%20Streeterville%2C%20Chicago%2C%20United%20States&query_place_id=ChIJmfGQsK4sDogRt-IKyBxsQVk) - **AON Tower north** [](https://www.google.com/maps/search/?api=1&query=AON%20Tower%20north%2C%20200%20East%20Randolph%20Street%2C%20Chicago%2C%20IL%2060601%2C%20Streeterville%2C%20Chicago%2C%20United%20States&query_place_id=ChIJzbhrgqgsDogRP7HXO4TVlSU) ## Where Streeterville sits in Chicago Streeterville is one of 6 Class A submarkets we cover in Chicago, classified as prime tier with an average asking rent around $44/sqft/yr. Compared with the broader Chicago Class A stock, Streeterville typically attracts Healthcare, higher education, professional services, media and competes most directly with the city's other prime submarkets on building specification, transit access, and [amenitisation](/glossary/amenitisation). Adjacent submarkets to study alongside Streeterville: [West Loop](/cities/chicago/west-loop), [The Loop](/cities/chicago/the-loop), [Fulton Market](/cities/chicago/fulton-market), [River North](/cities/chicago/river-north). The full Chicago submarket atlas is at [/cities/chicago](/cities/chicago). ## Topic deep-dives for Streeterville For an institutional Class A occupier evaluating Streeterville, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket: - [Streeterville — ](/cities/chicago/streeterville/rents-and-availability) - [Streeterville — ](/cities/chicago/streeterville/tenant-profile) - [Streeterville — ](/cities/chicago/streeterville/transit-and-commute) - [Streeterville — ](/cities/chicago/streeterville/amenity-and-lifestyle) - [Streeterville — ](/cities/chicago/streeterville/trophy-and-comparables) - [Streeterville — ](/cities/chicago/streeterville/fit-out-and-spec) ## Related glossary Terminology specific to Chicago Class A leasing and to the prime tier: [Class A](/glossary/class-a), [Trophy asset](/glossary/trophy-asset), [Effective rent](/glossary/effective-rent), [Concession package](/glossary/concession-package), [TI allowance](/glossary/ti-allowance), [Submarket tier](/glossary/submarket-tier). ## Editorial provenance Reviewed by [**Miriam Hollander**](/about/authors/miriam-hollander) — Lead market analyst. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards). ### Primary sources for this page - [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE - [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL - [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield - [Savills World Research](https://www.savills.com/research_articles/) — Savills - [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers [Full sources index](/about/sources) · [Submit a correction](/about/corrections) ## Related topics - [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a Class A office lease — the playbook from LOI to signed deal. - [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce. - [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease. - [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies. - [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office [fit-out](/topics/fit-out-capex)">fit-out capex. - [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa. --- Citation: Source: Class A Atlas (https://classa.info/cities/chicago/streeterville), updated 2026-04-15T00:00:00.000Z.