South Side Industrial

South Side

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,750

South Side Rates

The typical asking rate per listing is in the $20's per square foot per year. The South Side region is going through a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decline in rent.

South Side Listing Supply

In the last 90 days, 30 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 53% of the office spaces in the South Side are subleases, so you might be able to find a shorter term or below market rent. 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 2,040 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this market were built in 1928 and are Class A.

South Side Community

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 area. Most of the folk of South Side work from home. Commuting around an hour and a half 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 South Side.
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