Northwest Side Commercial Real Estate For Lease

1660 W. Division - 3 Spaces Wicker Park, Chicago, IL Close Public Transit.
Nov 22
1,530 - 6,700
sqft
Office Retail Restaurant

Northwest Side

Market Report

Number of Listings For Lease
Posted in the last 90 days
119
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
410

Northwest Side Commercial Real Estate

Find Northwest Side commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Northwest Side commercial real estate broker in Northwest Side's Top Broker Directory. Learn about Northwest Side commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Northwest Side Rates

The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Northwest Side region is experiencing a decrease in rates. In the last 3 months, the median rate for lease decreased $7 per sqft per year.

Compared to the rest of the Chicagoland commercial real estate market, the Northwest Side region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Northwest Side Listing Supply

In the last 90 days, 963 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate space in the Northwest Side are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 410 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built approximately 1953 and are Class B.

Northwest Side Community

Market Data

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