West Ridge Office Space

West Ridge

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

West Ridge Rates

On average, listings lease in the $20's per square foot per year. The West Ridge region is experiencing a a boost in rates. In the last 3 months, the median rate increased $22 per sqft per year. That's a Inf% rise in rent.

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

West Ridge Listing Supply

In the last 90 days, 2 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. 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 2,500 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1963 and are Class C.

West Ridge Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst West Ridge residents. Commuting more than an hour and a half 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 West Ridge.
Market Report

Market Data

Real time and historical data on commercial real estate listings in West Ridge.