Chicago, Illinois (60614) For Sale Commercial Business Real Estate Listings
Chicago commercial real estate listings are the anchoring hub for the Midwest. However, with the recent regional recession, Chicago commercial property has ebbed significantly. Outflow of residents from the area has led to a continual decline in Chicago's apartment lease rates. This trend in Chicago's multi-tenant property market is likely to continue, with a high degree of development overhang continuing to depress commercial investment prices. Additionally, business retail spaces and hotels are in oversupply, with the local government and commercial economy still suffering. Nevertheless, the market for downtown Chicago office space has remained strong, due its financial sector recovery. For long term commercial investors, Chicago commercial real estate listings make for a great investment opportunity.