Near West Side Industrial

We couldn't find any industrial spaces for Lease and Sublease

Near West Side

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,410
As of: June 27, 2017

Near West Side Rates

The typical asking rate per listing is in the $30's per square foot per year. The Near West Side submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $30 per sqft per year.

Compared to the rest of the Chicagoland market, the Near West Side region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Near West Side Listing Supply

In the last 90 days, 20 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 85% of the office spaces in the Near West 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,410 sqft. Most buildings in this market are close to 5 stories. Most buildings in this area were built in 1925 and are Class B.

Near West Side Community

Market Report

Trends and status of the commercial real estate market in Near West Side.
Market Report

Market Data

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