Lakeview Office Space

Need Help Finding Space?
Garrett Realty & Development, Inc.
I represent tenants and can
help you go see this space.
2847 N Lincoln Ave - Space Lakeview, Chicago, IL formerly a glass company
Sep 16
1,000
sqft
Mixed Use Office
2835 N Sheffield Ave - Unit 411 (Floor 4) Lakeview, Chicago, IL  
Aug 23
1,400
sqft
Office
1438 W Belmont Ave - 2 Spaces Lakeview, Chicago, IL eight foot ceiling height
Aug 10
1,750 - 1,940
sqft
Office Medical Retail

Lakeview

Market Report

Number of Listings
Posted in the last 90 days
8
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
1,590

Lakeview Rates

The typical asking rate per listing is in the $30's per square foot per year. The Lakeview region is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 8% increase in rent.

Compared to the rest of the Chicagoland market, the Lakeview region has higher rates, and you'll need to make a great offer to be in this hot region.

Lakeview Listing Supply

In the last 90 days, 125 listings have been posted online, so you'll want to check back regularly for new listings. About 10% of the available leases in the Lakeview are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, 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 buildings in this area are close to 3 stories. Most buildings in this area were built in 1996 and are Class B.

Lakeview Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Lakeview occupants. Commuting approximately an hour 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 Lakeview.
Research