Inverness Retail

Inverness

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,580

Inverness Rates

On average, listings lease in the $10's per square foot per year. The Inverness submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 35% decline in rent.

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

Inverness Listing Supply

In the last 90 days, 18 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 28% of the available space in the Inverness 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 2,580 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this area were built in 1985.

Inverness Community

Market Data

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