South Loop Commercial Real Estate For Lease

South Loop

Market Report

Number of Listings For Lease
Posted in the last 90 days
8
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
580

South Loop Commercial Real Estate

Find South Loop 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. Learn about South Loop commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

South Loop Rates

The typical asking rate per commerial real estate listing leases is in the $10's per square foot per year. The South Loop submarket is experiencing a decrease in rates. In the last 3 months, the median rate for lease decreased $3 per sqft per year.

South Loop Listing Supply

In the last 90 days, 195 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate space in the South Loop are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 580 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market were built approximately 1979 and are Class B.

South Loop Community

This area is fairly equally mixed residential and commercial. Health care is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst South Loop folk. Commuting between 30 and 45 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 South Loop.
Research