North Side Commercial Real Estate

1438 W Belmont Ave - 2 Spaces Lakeview, Chicago, IL eight foot ceiling height
Aug 10
1,750 - 1,940
sqft
Office Medical Retail
658 W Belden Ave - Floor 1 Lincoln Park, Chicago, IL  
Aug 10
6,820
sqft
Retail Restaurant
5230 N Sheridan Rd - 3 Spaces Edgewater, Chicago, IL vanilla box space
Aug 01
1,200 - 1,700
sqft
Office Retail Other

North Side

Market Report

Number of Listings
Posted in the last 90 days
74
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
1,400

North Side Rates

On average, listings lease in the $50's per square foot per year. The North Side region is going through a a boost in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 27% rise in rent.

Compared to the rest of the Chicagoland market, the North Side region has higher rates, and you'll need to make a great offer to be in this hot submarket.

North Side Listing Supply

In the last 90 days, 556 listings have been posted online, so you'll want to check back regularly for new listings. About 10% of the office spaces in the North Side are subleases, so you might be able to find a shorter term or below market rent. 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 740 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1957 and are Class B.

North Side Community

Market Data

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