Compared to the rest of the Chicagoland market, the Edgewater region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 101 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the available space in the Edgewater 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 9,520 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1931 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Edgewater occupants. Commuting more than an hour and a half 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 Edgewater.
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