Mount Prospect Industrial

Mount Prospect

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
4,120
As of: February 26, 2017

Mount Prospect Rates

The typical asking rate per listing is in the $10's per square foot per year. The Mount Prospect submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the Chicagoland market, the Mount Prospect submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

Mount Prospect Listing Supply

In the last 90 days, 38 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 4,120 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this market were built in 1986 and are Class A.

Mount Prospect Community

Market Report

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

Market Data

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