Old Irving Park Office Space

Old Irving Park

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,060
As of: July 19, 2017

Old Irving Park Rates

The typical asking rate per listing is in the $20's per square foot per year. The Old Irving Park region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decline in rent.

Old Irving Park Listing Supply

In the last 90 days, 17 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 29% of the office spaces in the Old Irving Park are subleases, so you might be able to snag a great spot on a short term. 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 1,060 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1981 and are Class B.

Old Irving Park 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. Most of the occupants of Old Irving Park work from home. Commuting around 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 Old Irving Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Old Irving Park.
Research