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Cost calculator

Square Footage Calculator

Calculate the square footage and cost of your space needs.

Cost calculator

How much space does your business actually need?

Most businesses start a search with a square footage number they inherited from their last lease. Our price calculator works the other way around: you count the rooms your team actually uses, we total the usable square feet, add the building’s common area factor, and price the result against Chicago and suburban market rates so you can see the monthly and annual cost before you tour a single building.

Price calculator

Three steps: Spaces, Review, Total

  1. 1

    Spaces

    Enter the number of spaces your property needs

    Count each type of room your business needs — workspaces, reception, conference, kitchen, server rooms and offices — to reach a USF (usable square feet) sub total.

  2. 2

    Review

    Review total square feet and location

    Your usable square footage is grossed up by a common area factor to give the total required square feet you would actually lease. You can also skip ahead if you already know the square footage you need. Then choose whether you want to be located in Chicago or the suburbs.

  3. 3

    Total

    Total property costs

    Your total square footage is priced against Class A, Class B and Class C rates for the market you chose, shown as both a monthly cost and an annual cost.

Space types

The rooms the calculator asks about

These are the standard planning dimensions we use when sizing a space. Use them as a rule of thumb for your own back-of-the-envelope math.

Space typePlanning sizeWhat we ask
WorkspacesVaries by layoutHow many workspaces do you need?
Reception / waiting areas20 x 20 SFHow many reception/waiting areas do you need?
Conference rooms20 x 20 SFHow many conference rooms do you need?
Kitchen / break areas10 x 12 SFHow many kitchen/break areas do you need?
Computer / server rooms10 x 12 SFHow many computer/server rooms do you need?
Private offices10 x 15 SFHow many private offices do you need?
CEO / Director offices15 x 20 SFHow many CEO/Director offices do you need?

Adding these together gives your USF sub total. That figure is then grossed up by the building’s common area factor to reach the total square feet you would sign for. Already know your number? You can skip straight to pricing.

Coming soon

An updated calculator is on the way

We are rebuilding this tool so that it prices your space against current, verified Chicago and suburban rates for Class A, Class B and Class C buildings — shown correctly as both a monthly and an annual cost. Until those rates are confirmed, we would rather give you no number than the wrong one.

In the meantime, a TAG advisor will run the numbers with you directly. Tell us your headcount and how your team works, and we will size the space, apply the right common area factor and quote it against real availabilities in the buildings you are considering — not an average.

Not sure how much space you need?

Send us your headcount and how your team works. We will size the space and price it against real availabilities.