Southwest Side Industrial

Southwest Side

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,500
As of: December 2, 2016

Southwest Side Rates

The typical asking rate per listing is in the $0's per square foot per year. The Southwest Side region is seeing a decline in rates. In the last 3 months, the median rate fell $28 per sqft per year. That's a 100% decrease in rent.

Southwest Side Listing Supply

In the last 90 days, 5 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 20% of the listings in the Southwest Side are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 8,890 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this region were built in 1950 and are Class A.

Southwest Side Community

Market Report

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

Market Data

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