Niles Retail

Niles

Market Report

Number of Listings
Posted in the last 90 days
9
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,200

Compared to the rest of the Chicagoland market, the Niles region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Niles Listing Supply

In the last 90 days, 38 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 5% of the office spaces in the Niles are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this market were built in 1958 and are Class B.

Niles Community

Market Data

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