Most listings are in the $20's per square foot per year. The Rogers Park submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 37% decrease in rent.
Compared to the rest of the Chicagoland market, the Rogers Park region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 6 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this region were built in 1926.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Rogers Park occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.