Valparaiso Medical Space

Valparaiso

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,520

Valparaiso Rates

The typical asking rate per listing is in the $10's per square foot per year. The Valparaiso submarket is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 22% decline in rent.

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

Valparaiso Listing Supply

In the last 90 days, 84 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the available leases in the Valparaiso are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,520 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1979 and are Class B.

Valparaiso Community

Market Data

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