Bannockburn Retail

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Bannockburn

Market Report

Number of Listings
Posted in the last 90 days
13
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,500

Bannockburn Rates

Most listings are in the $20's per square foot per year. The Bannockburn region is experiencing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 18% decline in rent.

Compared to the rest of the Chicagoland market, the Bannockburn submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Bannockburn Listing Supply

In the last 90 days, 92 listings have been made available, so you'll want to check back regularly for new listings. About 14% of the listings in the Bannockburn are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,500 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this area were built in 1988 and are Class A.

Bannockburn Community

Market Data

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