Norwood Park Industrial

Norwood Park

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
6,980
As of: December 10, 2016

Norwood Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Norwood Park region is going through a an increase in rates. In the last 3 months, the median rate rose $15 per sqft per year.

Norwood Park Listing Supply

In the last 90 days, 1 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 6,980 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 1 stories.

Norwood Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the occupants of Norwood Park work from home. Commuting approximately 20 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 Norwood Park.
Market Report

Market Data

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

Norwood Submarkets