Old Irving Park Retail

Old Irving Park

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,100
As of: December 8, 2016

Old Irving Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Old Irving Park submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 8% decline in rent.

Old Irving Park Listing Supply

In the last 90 days, 6 listings have been made available, 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 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 1,100 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1972 and are Class B.

Old Irving Park 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. Most of the residents of Old Irving Park work from home. Commuting around an hour and a half 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 Old Irving Park.
Market Report

Market Data

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