River North Office Space

River North

Office Space Market Report

Number of Listings (last 90 days)
45
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
1,500
As of: August 18, 2017

River North Rates

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

River North Listing Supply

In the last 90 days, 45 listings have been made available, so you'll want to check back regularly for new listings. About 56% of the available leases in the River North 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 1,830 sqft. Most properties in this area are around 6 floors. Most buildings in this region were built in 1918 and are Class B.

River North Community

A large portion of this region is residential, but there's plenty of office_space. Health care is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst River North folk. 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 River North.
Market Report

Market Data

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