River West Commercial Real Estate

River West

Market Report

Number of Listings
Posted in the last 90 days
9
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,090

River West Rates

On average, listings lease in the $20's per square foot per year. The River West submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 36% decrease in rent.

River West Listing Supply

In the last 90 days, 80 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the office spaces in the River West are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,090 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1992 and are Class B.

River West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the folk of River West work from home. Commuting around 30 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 River West.
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