Andersonville Retail

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Andersonville

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
3,130
As of: December 7, 2016

Andersonville Rates

The typical asking rate per listing is in the $50's per square foot per year. The Andersonville region is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 1% rise in rent.

Compared to the rest of the Chicagoland market, the Andersonville submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Andersonville Listing Supply

In the last 90 days, 2 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,130 sqft, there are still 0 new availabilities below 2,000 sqft.

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 market. Commute by bike is the most popular way to get to work amongst Andersonville occupants. 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