Andersonville Retail

Andersonville

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
9,520
As of: June 26, 2017

Andersonville Rates

The typical asking rate per listing is in the $30's per square foot per year. The Andersonville region is experiencing a a rise in rates. In the last 3 months, the median rate rose $33 per sqft per year.

Compared to the rest of the Chicagoland market, the Andersonville submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Andersonville Listing Supply

In the last 90 days, 2 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Andersonville are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 9,520 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market were built in 2016.

Andersonville 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 region. Commute by bike is the most popular way to get to work amongst Andersonville residents. Commuting approximately an hour 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 Andersonville.
Market Report

Market Data

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