Near West Side Office Space

Near West Side

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
8,000
As of: August 21, 2017

Near West Side Rates

Compared to the rest of the Chicagoland market, the Near West Side submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Near West Side Listing Supply

In the last 90 days, 20 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 125% of the available leases in the Near West Side 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 available, so finding a space for a small business might be tough.

Even though the median size is 8,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 5 stories. Most buildings in this market were built in 1925 and are Class B.

Near West Side Community

Market Report

Trends and status of the commercial real estate market in Near West Side.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Near West Side.
Research