Wheeling Commercial Real Estate

Wheeling

Market Report

Number of Listings
Posted in the last 90 days
9
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
2,600

Wheeling Rates

The typical asking rate per listing is in the $10's per square foot per year. The Wheeling region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

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

Wheeling Listing Supply

In the last 90 days, 73 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available leases in the Wheeling are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,600 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area were built in 1982 and are Class B.

Wheeling Community

Market Data

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