Ravenswood Office Space

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Ravenswood

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
5,000

Compared to the rest of the Chicagoland market, the Ravenswood submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Ravenswood Listing Supply

In the last 90 days, 40 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 18% of the available leases in the Ravenswood 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1968 and are Class B.

Ravenswood 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 market. Commute by car is the most popular way to get to work amongst Ravenswood occupants. Commuting approximately 30 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 Ravenswood.
Research