The typical asking rate per listing is in the $50's per square foot per year. The Andersonville submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $55 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Chicagoland market, the Andersonville region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 3 listings have come on the market, which means new availabilities might be leasing quickly. 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.
Even though the median size is 3,140 sqft, there are still 0 new listings below 2,000 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Andersonville occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.