Most listings are in the $30's per square foot per year. The Andersonville submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 39% increase in rent.
Compared to the rest of the Chicagoland market, the Andersonville region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 2 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 9,520 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region were built in 2016.
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 area. Commute by bike is the most popular way to get to work amongst Andersonville residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.