O'Hare Industrial

We couldn't find any industrial spaces for Lease and Sublease

O'Hare

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
10,290
As of: March 1, 2017

O'Hare Rates

On average, listings lease in the $20's per square foot per year. The O'Hare submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 43% rise in rent.

Compared to the rest of the Chicagoland market, the O'Hare region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

O'Hare Listing Supply

In the last 90 days, 6 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the office spaces in the O'Hare 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 10,290 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 11 stories. Most buildings in this area were built in 1984 and are Class A.

O'Hare Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst O'Hare occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in O'Hare.
Market Report

Market Data

Real time and historical data on commercial real estate listings in O'Hare.
Research