Bucktown Sublease

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Bucktown

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
1,250
As of: December 8, 2016

Bucktown Rates

The typical asking rate per listing is in the $30's per square foot per year. The Bucktown submarket is going through a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 15% increase in rent.

Compared to the rest of the Chicagoland market, the Bucktown submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Bucktown Listing Supply

In the last 90 days, 10 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,250 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market 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 occupants. 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