Pigeon Hill Retail

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Pigeon Hill

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,040
As of: December 8, 2016

Pigeon Hill Rates

The typical asking rate per listing is in the $10's per square foot per year. The Pigeon Hill submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Compared to the rest of the Chicagoland market, the Pigeon Hill submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Pigeon Hill Listing Supply

In the last 90 days, 1 listings have been made available, which means office spaces are probably 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,040 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this market were built in 1926 and are Class B.

Pigeon Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Pigeon Hill residents. Commuting approximately 15 minutes 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 Pigeon Hill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Pigeon Hill.
Research