On average, listings lease in the $10's per square foot per year. The Norwood Park submarket is going through a a rise in rates. In the last 3 months, the median rate went up $15 per sqft per year.
In the last 90 days, 1 listings have come on the market, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 6,980 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 1 floors.
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. Most of the folk of Norwood Park work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.