Most listings are in the $0's per square foot per year. The River West submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 2 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 23,570 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this area were built in 1900 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Most of the occupants of River West work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.