Pilsen Office Space

Pilsen

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
1,590

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

Pilsen Listing Supply

In the last 90 days, 88 listings have come on the market, so you'll want to check back regularly for new listings. About 3% 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 buildings in this market are close to 3 floors. Most buildings in this region were built in 1900 and are Class C.

Pilsen 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 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.

Market Data

Real time and historical data on commercial real estate listings in Pilsen.
Research