Lombard Industrial

Lombard

Office Space Market Report

Number of Listings (last 90 days)
86
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
2,410
As of: March 11, 2017

Lombard Rates

Most listings are in the $10's per square foot per year. The Lombard region is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase 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 undervalued 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 3% of the available space in the Lombard are subleases, so you will probably have to focus your search on direct office leases. 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 2,410 sqft. Most properties in this region are close to 1 floors. Most buildings in this area were built in 1983 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