Humboldt Park Sublease

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Humboldt Park

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
5,100
As of: February 23, 2017

Humboldt Park Rates

The typical asking rate per listing is in the $20's per square foot per year. The Humboldt Park submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% decline in rent.

Compared to the rest of the Chicagoland market, the Humboldt Park submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Humboldt Park Listing Supply

In the last 90 days, 5 listings have come on the market, which means listings most likley are 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 available, so finding a space for a small business might be tough.

Even though the median size is 14,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this area were built in 1950 and are Class B.

Humboldt Park Community

Market Report

Trends and status of the commercial real estate market in Humboldt Park.
Market Report

Market Data

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