West Side Office Space

820 W Jackson Blvd - Floor 4 Chicago, IL waiting area
Sep 23
10,720
sqft
Sublease Office
4201 W 36th St - Space Chicago, IL  
Sep 15
92,500
sqft
Industrial Office
320 N Damen Ave - Space West Town, Chicago, IL  
Jul 19
2,000
sqft
Industrial Mixed Use Office

West Side

Market Report

Number of Listings
Posted in the last 90 days
89
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
7,000

West Side Rates

On average, listings lease in the $30's per square foot per year. The West Side region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.

Compared to the rest of the Chicagoland market, the West Side submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

West Side Listing Supply

In the last 90 days, 731 listings have been listed, so you'll want to check back regularly for new listings. About 11% of the office spaces in the West Side 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 6,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this market were built in 1926 and are Class B.

West Side Community

Market Data

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