Buffalo Grove Industrial

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Buffalo Grove

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
5,370

Buffalo Grove Rates

The typical asking rate per listing is in the $20's per square foot per year. The Buffalo Grove submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 46% increase in rent.

Compared to the rest of the Chicagoland market, the Buffalo Grove region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Buffalo Grove Listing Supply

In the last 90 days, 222 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Buffalo Grove are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,370 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 1989 and are Class A.

Buffalo Grove Community

Market Data

Real time and historical data on commercial real estate listings in Buffalo Grove.
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