Niles Industrial


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 24, 2016

Niles Rates

The typical asking rate per listing is in the $10's per square foot per year. The Niles submarket is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decline in rent.

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

Niles Listing Supply

In the last 90 days, 5 listings have been listed, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 2,950 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1957 and are Class C.

Niles Community

Market Report

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

Market Data

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