Most listings are in the $10's per square foot per year. The Wheeling submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Chicagoland market, the Wheeling region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 73 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Wheeling are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,600 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 1 stories. Most buildings in this region were built in 1982 and are Class B.
Real time and historical data on commercial real estate listings in Wheeling.
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