Commercial Office Build-Out Costs in Chicago

Whether you are occupying a new shell space in the Loop or renovating a second-generation office in the Northwest Suburbs, understanding Commercial Tenant Improvement (TI) costs is critical for negotiating your lease and managing capital.

What is the Cost Per Square Foot?

As of 2024, commercial build-out costs in the Chicagoland area vary dramatically based on the condition of the space and the quality of finishes required.

1. Standard Office Build-Out ($70 - $110 / Sq. Ft.)

This is typical for basic call centers, standard accounting firms, or back-office spaces.

• Standard drop ceilings and basic LED troffer lighting
• Carpet tiles and vinyl baseboards
• Basic breakroom with plastic laminate countertops
• Standard hollow-core wood doors and minimal glass

2. Mid-Range Corporate Office ($120 - $180 / Sq. Ft.)

The most common bracket for modern businesses looking to attract talent back to the office.

• Exposed ceilings painted out, with suspended acoustic clouds
• Glass sidelights on office doors and conference rooms
• Upgraded breakroom with quartz countertops and custom millwork
• Mix of polished concrete, LVT, and premium carpet tiles
• Upgraded lighting packages with pendant fixtures

3. High-End / Executive Suites ($200+ / Sq. Ft.)

Law firms, private equity groups, and high-end tech spaces often fall into this tier.

• Extensive structural glass partitions (often double-glazed for acoustics)
• Custom architectural millwork, wood paneling, and stone reception desks
• Advanced A/V integration and sound-masking systems
• High-end proprietary lighting fixtures and custom ceiling baffles
• Premium flooring including imported stone or wide-plank hardwood

The Phase 1 Trap: Demolition

Never assume a "second-generation" space is cheaper to build out. If the layout is wrong for your company, the cost of commercial demolition can be substantial. Safe, compliant teardowns in high-rises require freight elevator logistics, after-hours labor, and strict debris removal protocols.

At Mehi Construction, we operate our own demolition crews, allowing us to fast-track the teardown phase safely and prep the site for immediate layout building, bypassing the delays of waiting on sub-contractors.