Most listings are in the $30's per square foot per year. The Lakeview region is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Chicagoland market, the Lakeview region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 125 listings have been posted online, so you'll want to check back regularly for new listings. About 11% of the office spaces in the Lakeview are subleases, so you might be able to snag a great spot on a short term. 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 region are approximately 3 floors. Most buildings in this region were built in 1958 and are Class B.
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 residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Lakeview.
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