North Side Industrial Space

North Side

Market Report

Number of Listings
Posted in the last 90 days
72
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
1,400

North Side Rates

Most listings are in the $40's per square foot per year. The North Side region is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 5% decrease in rent.

Compared to the rest of the Chicagoland market, the North Side submarket has higher rates, and you'll need to pay a premium to be in this hot region.

North Side Listing Supply

In the last 90 days, 556 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the office spaces in the North Side are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,400 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1957 and are Class B.

North Side Community

Market Data

Real time and historical data on commercial real estate listings in North Side.
Research