Lombard Industrial

Lombard

Office Space Market Report

Number of Listings (last 90 days)
86
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,360
As of: August 16, 2017

Lombard Rates

On average, listings lease in the $10's per square foot per year. The Lombard region is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 11% decrease in rent.

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

Lombard Listing Supply

In the last 90 days, 86 listings have been made available, so you'll want to check back regularly for new listings. About 38% of the office spaces in the Lombard 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 measurement for office space in this area is around 1,360 sqft. Most properties in this area are around 1 floors. Most buildings in this market were built in 1982 and are Class B.

Lombard Community

Market Report

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

Market Data

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