Most listings are in the $30's per square foot per year. The Highland Park submarket is going through a a boost in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 25% rise in rent.
Compared to the rest of the Chicagoland market, the Highland Park region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 71 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Highland Park 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.
Even though the median size is 4,890 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 1988 and are Class A.
Real time and historical data on commercial real estate listings in Highland Park.
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