North Side Office Space

North Side

Office Space Market Report

Number of Listings (last 90 days)
45
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,700
As of: December 10, 2016

North Side Rates

The typical asking rate per listing is in the $20's per square foot per year. The North Side region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decline in rent.

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

North Side Listing Supply

In the last 90 days, 45 listings have been posted online, so you'll want to check back regularly for new listings. 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 3,700 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1962 and are Class B.

North Side Community

Market Report

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

Market Data

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