Pilsen Office Space

Pilsen

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
450
As of: February 23, 2017

Pilsen Rates

Compared to the rest of the Chicagoland market, the Pilsen submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Pilsen Listing Supply

In the last 90 days, 1 listings have been made available, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the listings in the Pilsen are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 450 sqft. Most buildings in this region are close to 3 stories. Most buildings in this area were built in 1912 and are Class C.

Pilsen Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Pilsen residents. Commuting between 30 and 45 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 Pilsen.
Market Report

Market Data

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