MARKET AREA
O’Hare
Office Market
Tenant representation in Chicago’s airport corridor—where concession packages are the strongest we’ve seen.
The O’Hare/Rosemont office market — covering Rosemont, Park Ridge, Des Plaines, and the airport corridor — combines unmatched regional access with the deepest concession packages we track anywhere in Chicagoland. Direct access to O’Hare, the CTA Blue Line, and the confluence of I-90, I-294, and I-190 makes the corridor a fit for firms with traveling teams or clients flying in. High vacancy has landlords offering extended free rent and substantial build-out dollars to credit tenants. Tenant Advisors represents office tenants only — never landlords — and has negotiated leases in this market since 2004.
20.0%
Vacancy Rate
$21–$33
Asking Rent / SF
6–12 Mo
Free Rent Avail.
High
Tenant Leverage
Chicago
Presidents Plaza
Chicago · O’Hare
Glenstar’s twin-tower complex (8600 & 8700 W. Bryn Mawr) totals 818,000 SF at the 4-way Cumberland Ave / I-90 interchange — five minutes from O’Hare, ten miles from the Loop. Plaza I is just 54% leased, with roughly 192,000 SF available from 1,478 SF suites to full 25,000 SF floors.
Asking rents are $25.50/SF net. The asset was recapitalized in 2024 at a 9.1% cap, and it led the O’Hare 4 & 5 Star market with positive net absorption over the past year. Amenities include a 17,000 SF fitness center, deli, conference center, and 24-hour security.
Riverway
Rosemont
The three-building Riverway complex (9377 & 9399 W. Higgins, 6133 N. River Rd.) is the LEED Gold, amenity-rich anchor of Rosemont — the US Foods headquarters campus, with Culligan, Emerson, Wells Fargo, and the TSA on-site. It sits 1.2 miles from O’Hare and a six-minute walk from the Blue Line.
9377 carries the deepest block of availability in the submarket at 38% leased — up to a contiguous 128,000 SF — with 6133 adding another 115,000 SF. Asking rents are $24.00/SF NNN. On-site café, fitness center, auditorium, Carlucci’s restaurant, Fifth Third branch, Marriott Suites, and O’Hare shuttle.
Rosemont
Chicago
O’Hare Plaza
Chicago · O’Hare
A four-building campus on W. Higgins Rd. (8725, 8735, 8745, 8755) under Barrington Venture / Fulcrum ownership, four miles east of the airport with a half-mile walk or shuttle to the Cumberland Blue Line and a Marriott next door. Recently renovated lobbies, fitness center, deli, salon, and conference/training center connect the buildings.
This is the value play in the cluster — asking rents start at $20.00/SF net, the lowest in the featured set. 8735 is only 47% leased (73,000 SF available), with space ranging from small coworking suites to 32,500 SF floors across the campus.
Market Conditions
The O’Hare submarket spans Chicago’s Northwest Side and the surrounding suburbs — Rosemont, Des Plaines, Schiller Park, and Elk Grove Village — anchored by O’Hare International Airport and tied together by I-90, I-294, I-190, and CTA Blue Line service to downtown. Tenancy skews toward logistics, aviation services, professional services, and back-office operations.
Vacancy stands at 20.0% and has trended up over the past year on negative absorption, while no new construction is underway. Landlords — particularly in older 3-Star product, where vacancy has climbed to 23.5% — are competing hard for occupancy with free rent, above-market TI allowances, and flexible terms.
What This Means for You
This is a tenant’s market. With elevated availability, no new supply, and roughly 250,000 SF of sublet space on the table, the concession environment strongly favors tenants — whether you’re renewing, relocating, or evaluating airport-adjacent space for the first time. The advantage goes to tenants who run a competitive process across multiple buildings.
Cities We Cover
Rosemont, Des Plaines, Park Ridge, Schiller Park, Elk Grove Village, Franklin Park, and Chicago’s O’Hare corridor (we cover the entire Chicago market).
SUBMARKETS WE COVER
O’Hare Office Submarkets
Questions about this market? We know the buildings and what deals are closing.