Edison Park Office Space

Edison Park

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
3,100
As of: May 21, 2017

Edison Park Rates

The typical asking rate per listing is in the $40's per square foot per year. The Edison Park region is seeing a a rise in rates. In the last 3 months, the median rate increased $24 per sqft per year. That's a 130% rise in rent.

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

Edison Park Listing Supply

In the last 90 days, 5 listings have been posted online, which means new listings most likley are going fast. 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 3,100 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 1975 and are Class B.

Edison 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. Commute by public transit is the most popular way to get to work amongst Edison Park folk. Commuting close to an hour 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 Edison Park.
Market Report

Market Data

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