Bucktown Sublease

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Bucktown

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
1,250
As of: January 17, 2017

Bucktown Rates

Most listings are in the $30's per square foot per year. The Bucktown region is going through a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the Chicagoland market, the Bucktown region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Bucktown Listing Supply

In the last 90 days, 5 listings have been listed, which means new listings most likley are 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 1,250 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1940 and are Class B.

Bucktown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Bucktown folk. Commuting under 5 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 Bucktown.
Market Report

Market Data

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