How many Class A submarkets are in Chicago?

6, ranging from trophy (West Loop) down to established and emerging clusters.

Chicago has 6 distinct Class A submarkets we track, anchored by West Loop at the trophy tier.

6 submarkets covered.
Trophy tier: West Loop.
Prime tier: The Loop, Fulton Market, Streeterville.
Established/emerging tier: River North, West Loop Gate.

Chicago Class A submarkets

Chicago has 6 distinct Class A submarkets we track, anchored by West Loop at the trophy tier.

TL;DR

6 submarkets covered.
Trophy tier: West Loop.
Prime tier: The Loop, Fulton Market, Streeterville.
Established/emerging tier: River North, West Loop Gate.

By tier

**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. **West Loop Gate** (established, ~$38/sqft/yr) — Quietly emerging western Class A spine. **Streeterville** (prime, ~$44/sqft/yr) — Magnificent Mile-adjacent professional cluster.

Key facts

city	Chicago
country	United States
region	Americas
classARentLocal	52 USD/sqft/yr
classARentUsd	$52/sqft/yr
vacancy	24.5%
typicalLeaseYears	10
typicalRentFreeMonths	22
submarkets	6
primeYieldPct	7%
trophyCount	1
primeCount	3

Frequently asked questions

How many Class A submarkets are in Chicago?: 6, ranging from trophy (West Loop) down to established and emerging clusters.

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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