Wicker Park Industrial

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Wicker Park

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,500
As of: January 17, 2017

Wicker Park Rates

Most listings are in the $60's per square foot per year. The Wicker Park submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Chicagoland market, the Wicker Park region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Wicker Park Listing Supply

In the last 90 days, 16 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,530 sqft. Most properties in this market are approximately 3 floors. Most buildings in this market were built in 2009.

Wicker Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by taxi is the most popular way to get to work amongst Wicker Park occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Wicker Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wicker Park.
Research