Near West Galena Industrial Space

Near West Galena

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,250

Compared to the rest of the Chicagoland market, the Near West Galena region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Near West Galena Listing Supply

In the last 90 days, 6 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available leases in the Near West Galena are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,250 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1950 and are Class Class B.

Near West Galena Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Near West Galena folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Near West Galena.
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