River West Retail

River West

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,670
As of: March 12, 2017

River West Rates

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

River West Listing Supply

In the last 90 days, 4 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,670 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 1998 and are Class B.

River West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Most of the folk of River West work from home. Commuting around 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 River West.
Market Report

Market Data

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