Far South Chicago Office Space

Far South Chicago

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Far South Chicago Rates

On average, listings lease in the $20's per square foot per year. The Far South Chicago submarket is going through a an increase in rates. In the last 3 months, the median rate increased $26 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the Chicagoland market, the Far South Chicago submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Far South Chicago Listing Supply

In the last 90 days, 11 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 1961 and are Class B.

Far South Chicago Community

Market Report

Trends and status of the commercial real estate market in Far South Chicago.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Far South Chicago.