Palos Hills Commercial Real Estate

Palos Hills

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,500

Palos Hills Rates

The typical asking rate per listing is in the $10's per square foot per year. The Palos Hills submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 35% decline in rent.

Compared to the rest of the Chicagoland market, the Palos Hills submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Palos Hills Listing Supply

In the last 90 days, 17 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 24% of the available leases in the Palos Hills are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this market are close to 1 stories. Most buildings in this region were built in 1982 and are Class B.

Palos Hills Community

Market Data

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