On average, listings lease in the $20's per square foot per year. The Deerfield region is experiencing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 7% increase in rent.
Compared to the rest of the Chicagoland market, the Deerfield submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 147 listings have been listed, so you'll want to check back regularly for new listings. About 10% of the office spaces in the Deerfield are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,010 sqft. Most buildings in this market are close to 4 stories. Most buildings in this market were built in 1986 and are Class A.
Real time and historical data on commercial real estate listings in Deerfield.
Get email notifications when new listings are posted that match your requirements.