Edgewater Office Space

Edgewater

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
9,520
As of: July 25, 2017

Edgewater Rates

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

Edgewater Listing Supply

In the last 90 days, 6 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 83% of the available space in the Edgewater are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 9,520 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1930 and are Class C.

Edgewater Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Edgewater occupants. Commuting more than an hour and a half 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 Edgewater.
Market Report

Market Data

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