Northbrook Industrial

Northbrook

Market Report

Number of Listings
Posted in the last 90 days
9
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,660

Northbrook Rates

On average, listings lease in the $20's per square foot per year. The Northbrook submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 20% decline in rent.

Compared to the rest of the Chicagoland market, the Northbrook submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Northbrook Listing Supply

In the last 90 days, 275 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the available leases in the Northbrook are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,660 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this area were built in 1980 and are Class A.

Northbrook Community

Market Data

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