With so much office space in Chicago, it can be hard to know the right location for your business. Do you pick a spot in the heart of the city? Or, do you choose a location farther out in the suburbs?
The first thing to consider is cost. Obviously, office space in Chicago is going to be more expensive the closer it is to downtown. Spaces in the suburbs are going to be the most affordable, which can be especially useful for new businesses. It is important to never pick a location that puts too much of a strain on your budget, thereby impeding other parts of the business.
However, the second consideration is availability. There is a reason that office space in Chicago is cheaper when you get farther away. These spaces are not nearly as accessible, which can limit your business’s ability to attract and retain customers. Many customers prefer a business in a central location that can be accessed quickly on foot or public transit. Only loyal customers are going to spend time on the train to visit a business that is far away.
Ultimately, whether you choose a location closer to or further from the city is often a question of balance. To pick the best option, look for an office space that is as close to the city as possible and within your budget.