Highland Commercial Real Estate For Sale

Highland

Market Report

Number of Listings For Sale
Posted in the last 90 days
4
Median Size (sqft)
3,300

Highland Commercial Real Estate

Find Highland 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 Highland commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Highland Rates

Most commerial real estate listings for lease are in the $10's per square foot per year. The Highland region is going through a a boost in rates. In the last 3 months, the median rate for lease went up $15 per sqft per year.

Compared to the rest of the Chicagoland commercial real estate market, the Highland submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Highland Listing Supply

In the last 90 days, 17 commercial real estate listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 24% of the available commercial real estate leases in the Highland are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 size for office space in this area is around 3,300 sqft. Most buildings in this region are around 2 floors. Most buildings in this market were built approximately 1976 and are Class A.

Highland Community

Market Data

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