Find O'Hare commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about O'Hare commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.
The typical asking rate per commerial real estate listing leases is in the $10's per square foot per year. The O'Hare region is experiencing a decrease in rates. In the last 3 months, the median rate for lease fell $9 per sqft per year.
Compared to the rest of the Chicagoland commercial real estate market, the O'Hare submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 249 commercial real estate listings have been made available, so you'll want to check back regularly for new listings. About 0% of the commercial real estate listings in the O'Hare are subleases, so you will probably have to focus your search on direct leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,260 sqft. Most properties in this region are approximately 11 stories. Most buildings in this area were built close to 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst O'Hare residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in O'Hare.
Get email notifications when new listings are posted that match your requirements.