Uptown Sublease

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Uptown

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
12,440
As of: January 22, 2017

Uptown Rates

Most listings are in the $40's per square foot per year. The Uptown submarket is going through a an increase in rates. In the last 3 months, the median rate rose $46 per sqft per year.

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

Uptown Listing Supply

In the last 90 days, 10 listings have been posted online, which means office spaces might be leasing quickly. 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.

Even though the median size is 12,440 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 2005 and are Class B.

Uptown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Uptown residents. Commuting more than 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 Uptown.
Market Report

Market Data

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