Morgan Park Office Space

Morgan Park

Office Space Market Report

Number of Listings (last 90 days)
0
As of: December 4, 2016

Morgan Park Rates

Most listings are in the $0's per square foot per year. The Morgan Park submarket is going through a decline in rates. In the last 3 months, the median rate fell $26 per sqft per year. That's a 100% decrease in rent.

Morgan Park Listing Supply

In the last 90 days, 0 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the office spaces in the Morgan Park are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most buildings in this region are close to 1 stories. Most buildings in this market were built in 2000 and are Class B.

Morgan Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Morgan Park occupants. Commuting around 15 minutes 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 Morgan Park.
Market Report

Market Data

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