Niles Industrial

Niles

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,950
As of: December 7, 2016

Niles Rates

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

Niles Listing Supply

In the last 90 days, 12 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the listings in the Niles are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,950 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this area 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.
Research