Niles Industrial

Niles

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,210
As of: February 27, 2017

Niles Rates

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 depreciated submarket.

Niles Listing Supply

In the last 90 days, 9 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available space in the Niles 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,210 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 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