Most listings are in the $20's per square foot per year. The Humboldt Park submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $24 per sqft per year.
Compared to the rest of the Chicagoland market, the Humboldt Park region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 26 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 400 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 1950 and are Class B.
Real time and historical data on commercial real estate listings in Humboldt Park.
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