Rogers Park Retail

Rogers Park

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,000
As of: December 3, 2016

Rogers Park Rates

On average, listings lease in the $20's per square foot per year. The Rogers Park region is going through a decline in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 37% decrease in rent.

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

Rogers Park Listing Supply

In the last 90 days, 6 listings have come on the market, which means new listings are probably leasing quickly. 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.

The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this region were built in 1926.

Rogers Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Rogers Park folk. Commuting between 30 and 45 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 Rogers Park.
Market Report

Market Data

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