Near West Side Office Space

Near West Side

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,000
As of: January 22, 2017

Near West Side Rates

Compared to the rest of the Chicagoland market, the Near West Side region has greater rates, and you'll need to make a great offer to be in this hot submarket.

Near West Side Listing Supply

In the last 90 days, 14 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 7% of the listings in the Near West Side 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most properties in this region are around 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