Most listings are in the $30's per square foot per year. The Washington Park region is experiencing a a rise in rates. In the last 3 months, the median rate rose $40 per sqft per year.
In the last 90 days, 0 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Washington Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 270 sqft. Most buildings in this region were built in 2004 and are Class C.
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. Most of the residents of Washington Park work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.