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Compared to the rest of the Chicagoland commercial real estate market, the Greektown submarket has higher rates for rent, and you may need to pay a premium to be in this hot region.
In the last 90 days, 20 commercial real estate listings have been listed, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the commercial real estate listings in the Greektown are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 10,720 sqft. Most properties in this market are around 8 stories. Most buildings in this market were built close to 1910.
A large portion of this region is residential, but there's plenty of office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Greektown occupants. Commuting close to 20 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 Greektown.
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