Most listings are in the $30's per square foot per year. The Wicker Park region is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Chicagoland market, the Wicker Park region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 3 listings have come on the market, which means listings might be leasing quickly. 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 1,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this region were built in 2009.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst Wicker Park residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.