The typical asking rate per listing is in the $0's per square foot per year. The Edison Park submarket is going through a decline in rates. In the last 3 months, the median rate decreased $43 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 5 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 40% of the available leases in the Edison Park are subleases, so you might be able to snag a great spot on a short term. 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 3,100 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1975 and are Class B.
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 market. Commute by public transit is the most popular way to get to work amongst Edison Park residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.