Northbrook Commercial Real Estate

Northbrook

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,920

Northbrook Rates

Most listings are in the $20's per square foot per year. The Northbrook region is seeing a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 28% increase in rent.

Northbrook Listing Supply

In the last 90 days, 24 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the office spaces in the Northbrook are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,920 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 1977.

Northbrook Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Northbrook folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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