Most listings are in the $0's per square foot per year. The Pilsen submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $26 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 1 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3 floors. Most buildings in this market were built in 1912 and are Class C.
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 region. Commute by walking is the most popular way to get to work amongst Pilsen occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.