Highland Park Retail

Highland Park

Market Report

Number of Listings
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
4,890

Highland Park Rates

On average, listings lease in the $30's per square foot per year. The Highland Park region is seeing a a boost in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 25% rise in rent.

Compared to the rest of the Chicagoland market, the Highland Park submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Highland Park Listing Supply

In the last 90 days, 71 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the available space in the Highland Park 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 4,890 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 1988 and are Class A.

Highland Park Community

Market Data

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