Most listings are in the $10's per square foot per year. The Little Village submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $16 per sqft per year.
Compared to the rest of the Chicagoland market, the Little Village submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 54 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the Little Village are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, 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 region are around 2 floors. Most buildings in this area were built in 1923 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Most of the residents of Little Village work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Little Village.
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