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Most commerial real estate listings for lease are in the $20's per square foot per year. The Goose Island region is seeing a decrease in rates. In the last 3 months, the median rate for lease fell $3 per sqft per year.
Compared to the rest of the Chicagoland commercial real estate market, the Goose Island submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 88 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate space in the Goose Island are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 3,580 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this market were built approximately 2001 and are Class A.
A large portion of this market is residential, but there's plenty of office space. Information is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Goose Island occupants. Commuting between 30 and 45 minutes 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 Goose Island.
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