Compared to the rest of the Chicagoland market, the Pilsen submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 88 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Pilsen are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,590 sqft. Most properties in this region are approximately 3 floors. Most buildings in this area were built in 1900 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Pilsen occupants. Commuting between 30 and 45 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 Pilsen.
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