Office Space for Rent Near North - Chicago, IL

Near North is one of Chicago's most prestigious neighborhoods and is located just north of the Chicago River and The Loop. It is an affluent area that encompasses several distinct sub-neighborhoods including River North, Gold Coast, Streeterville, and Old Town, meaning there are plenty of options for office space for rent in Near North. Near North has a rich history dating back to Chicago's early development, with the Great Chicago Fire of 1871 marking a turning point that led to the construction of many architectural landmarks. The Water Tower (806 N. Michigan Ave.) and Pumping Station are among the few structures that survived the fire and represent the area's historical resilience.

Nowadays, Near North has become an ideal location for businesses looking to rent office space in Chicago as it is home to some of the city's most recognizable landmarks, including the John Hancock Center (875 N. Michigan Ave.), the Tribune Tower (435 N. Michigan Ave.), and the Wrigley Building (400 N. Michigan Ave.). The neighborhood offers a mix of luxury living, high-end retail, and premium office space for rent in Chicago. Near North is characterized by high-end office buildings, luxury residential towers, and cultural attractions like the Museum of Contemporary Art and the Magnificent Mile.

Near North is home to a wide range of businesses, from Fortune 500 companies to boutique firms, drawn to the neighborhood's prestige and central location. Major companies with office space in Near North include Groupon, who have established their headquarters at 600 W. Chicago Ave. in the former Montgomery Ward Catalog House. The area is home to numerous law firms, financial services companies, and luxury retailers that have chosen to lease office space in this prestigious Chicago location.
The neighborhood has a thriving retail and dining scene, particularly along the Magnificent Mile, which adds to its appeal for businesses looking to lease office space in Chicago. Near North's mix of prestige, modern amenities and popularity make it a popular choice for businesses in industries such as finance, technology, law, and consulting.

As one of Chicago's most desirable neighborhoods, Near North commands premium office lease rates, especially compared to areas like West Town or South Loop. Businesses looking for high-end office space for rent in Chicago will find plenty of great options in the Near North, which has modern amenities, state-of-the-art facilities, and prime locations in modern high-rise offices. However, some pockets within Near North, particularly in older buildings or areas farther from Michigan Avenue, may offer more competitive office lease rates. Near North's mix of coworking spaces, shared offices, and executive suites ensures businesses of all sizes can find a suitable office space for lease in Chicago.

Near North is a very accessible area of Chicago with multiple CTA 'L' lines, including the Red Line at the Chicago and Grand stations, making travel to The Loop, O'Hare and Midway Airports quick. The Brown and Purple lines at Merchandise Mart offer convenient connections to the northern suburbs. Several CTA bus routes (22 Clark, 36 Broadway, 66 Chicago) operate through the area, providing alternative methods of travel. Near North is also conveniently located near major expressways like I-90/94 (Kennedy Expressway), which is great news for drivers. The Ohio Street feeder offers a direct connection to I-90/94, while Lake Shore Drive (US-41) provides a scenic route along the lakefront. Parking in Near North can be more expensive compared to neighborhoods further afield, but there are plenty of parking garages and valet services available. Near North also features multiple Divvy bike-share stations and an expanding network of protected bike lanes, including those on streets like Dearborn and Wells. Location, prestige and wide range of amenities make Near North the perfect place to rent office space in Chicago.