Chicago will never be confused for a city that lacks spirit and drive. The Lincoln Park neighborhood perfectly embodies these qualities with a brimming startup scene that blends with exciting nightlife to give the entire area a distinctive pulse and rhythm.
As local experts in Chicago commercial real estate, TenantBase can help you find the ideal office space in Lincoln Park to take advantage of its unique personality and strengths. Take a look at what the neighborhood has to offer your organization including how a new office space in Lincoln Park can give you a distinct competitive edge.
Office Space in Lincoln Park
Lincoln Park is one of the most forward-looking neighborhoods in all of Chicagoland. Home to a burgeoning startup movement as well as several small to medium-sized businesses, the area features an appealing balance of locally-owned companies and innovative thought. The majority of the available space is small, office Class B along with some mixed-use properties and retail space. The average space is 1,500 sq ft but businesses can find sizes anywhere from 1,000 to 10,000 sq ft within the neighborhood. Rents typically fall around $30 per square foot and parking is usually relegated to street or metered spaces.
The rising rents in the downtown area are making Lincoln Park an increasingly attractive choice for businesses. Developers have taken notice of this spike in demand and broken ground on a handful of new developments. Lincoln Yards is the most notable of these projects with an ambitious mixed-use plan that will add significant green space, office complexes, and recreational areas to the region. CH Robinson has already moved into its new 200,000 sq ft building in Lincoln Yards to serve as an anchor point for the new development.
Working in Lincoln Park
Commuting by car to the neighborhood can be challenging with the area’s dense traffic but there are several attractive alternatives available to local talent. Bikes and scooters are a popular option for employees that live within the region where devoted bicycle lanes cross throughout the neighborhood. Bus routes and the ‘L’ train Fullerton Station serving the Red, Brown, and Purple lines make public transportation another appealing option for commuting to Lincoln Park.
The neighborhood’s many amenities are a powerful draw in bringing local talent into Lincoln Park area businesses. Several restaurants and trendy retail shops throughout the community provide convenient and diverse dining and shopping options for local employees. Since the area is known for its nightlife scene, there is no shortage of bars and clubs for talent to unwind after the workday.
Employees wanting to live close to their work will find several older and historic neighborhoods within Lincoln Park. Although an expensive area, it's welcoming balance of parks, brick row housing, and lively atmosphere make the community a tempting choice for those in search of a healthy mix of work and home life. TenantBase has the expertise to leverage these amenities and the neighborhood’s enviable location to you find your organization's new home in Chicago.