DePaul Industrial

DePaul

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$61
Median Size (sqft)
180
As of: June 22, 2017

DePaul Rates

On average, listings lease in the $60's per square foot per year. The DePaul region is going through a a rise in rates. In the last 3 months, the median rate increased $61 per sqft per year.

Compared to the rest of the Chicagoland market, the DePaul region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

DePaul Listing Supply

In the last 90 days, 4 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 525% of the listings in the DePaul 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 180 sqft. Most buildings in this area are close to 3 floors. Most buildings in this area were built in 1925 and are Class C.

DePaul Community

Market Report

Trends and status of the commercial real estate market in DePaul.
Market Report

Market Data

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