The typical asking rate per listing is in the $20's per square foot per year. The Goose Island region is seeing a decline in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 31% decrease in rent.
Compared to the rest of the Chicagoland market, the Goose Island submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 17 listings have come on the market, which means new availabilities most likley are 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 2,740 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this area were built in 2001 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Information is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Goose Island folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.