North Park Commercial Real Estate

North Park

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
910

Compared to the rest of the Chicagoland market, the North Park submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

North Park Listing Supply

In the last 90 days, 30 listings have been listed, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the office spaces in the North Park 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 measurement for office space in this area is around 910 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1954 and are Class B.

North Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst North Park occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in North Park.
Research