Market Spotlight: Chicago in Focus
October 18, 2023 5 Minute Read
From its economic diversity to its logistical resilience, see how Chicago earns its global reputation as a home for business, investment and talent. CBRE takes an in-depth look at the factors the city has to offer in a special Market Spotlight on Chicago.
Four Factors for Chicago
An epicenter. Not of one industry. All of them.
Chicago's economy remains the most economically diverse in the U.S.
Source: World Business ChicagoChicago ranks within the top ten on the Global Financial Centre Index
Chicagoland has been the top U.S. metro for business relocations and expansions for ten years in a row
Source: Site Selection Magazine
Iconic, world-renowned infrastructure, framing a city and filing it with life.
Chicago is one of only two U.S. cities on Time Out Magazine's "Top Cities in the World for Public Transit"
O'Hare International Airport is the #1 port by value in the world
Source: World Business ChicagoChicagoland has the most square feet of industrial real estate of any U.S. metro
A unique sense of place. A spirit. An energy. A city’s beating heart recognized and revered throughout the world.
Chicago was voted best city in the U.S. for the 7th straight year
Source: Condé Nast TravelerChicago was voted 2nd best food and drink city in the world, first in North America
Source: Time Out MagazineChicago was ranked 3rd among major U.S. cities on the Violence Prevention Index
Source: Community Justice Action Fund
Cost effective, accessible and approachable—putting a world-class city into a class of its own.
While the third most populous, Chicago is the 20th most affordable city in the U.S.
Source: Yahoo FinanceChicago has the 2nd most "high livability areas" in the U.S., containing over 52 neighborhoods with high public transit use, median household income over $100,000, and a COL index under 125
Source: ESRI dataNearly half of Chicago's population lives within a 10-minute walk of a CTA or Metra station Source: ESRI data