Wicker Park Industrial

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Wicker Park

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$86
Median Size (sqft)
2,500
As of: February 22, 2017

Wicker Park Rates

Most listings are in the $80's per square foot per year. The Wicker Park region is seeing a a rise in rates. In the last 3 months, the median rate increased $21 per sqft per year. That's a 32% rise in rent.

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

Wicker Park Listing Supply

In the last 90 days, 2 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this area are close to 3 stories. Most buildings in this region 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.
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