On average, listings lease in the $30's per square foot per year. The Rogers Park region is experiencing a an increase in rates. In the last 3 months, the median rate went up $40 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Chicagoland market, the Rogers Park region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 5 listings have been listed, which means 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.
The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this area were built in 1957.
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 region. Commute by bike is the most popular way to get to work amongst Rogers Park residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.