The typical asking rate per listing is in the $30's per square foot per year. The Bucktown submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the Chicagoland market, the Bucktown submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 111 listings have been listed, so you'll want to check back regularly for new listings. About 19% of the available space in the Bucktown 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.
Even though the median size is 8,110 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1969 and are Class B.
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 market. Commute by motorcycle is the most popular way to get to work amongst Bucktown folk. Commuting under 5 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 Bucktown.
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