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CoStar InsightAll that glitters is not gold — Chicago’s best-performing downtown offices are not always the shiniestMore two-star properties post tight overall availability rates than any other quality segment
Completed in 1878, 36 S. Wabash is a fully occupied, two-star, 173,000-square-foot building that boasts its proximity to the “L,” Millennium Park and the state of Illinois court system. (Jon Fairfield/CoStar)
Completed in 1878, 36 S. Wabash is a fully occupied, two-star, 173,000-square-foot building that boasts its proximity to the “L,” Millennium Park and the state of Illinois court system. (Jon Fairfield/CoStar)

Although downtown Chicago’s big move-in gains in its office market come from the area’s best-in-class inventory, frequently it’s the lower-tier properties — namely two- and three-star properties — that posted super-star availability rates below 5% through 2024’s third quarter.

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