Skokie Industrial

Skokie

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,000
As of: March 11, 2017

Skokie Rates

Most listings are in the $20's per square foot per year. The Skokie region is seeing a a boost in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 43% rise in rent.

Compared to the rest of the Chicagoland market, the Skokie submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Skokie Listing Supply

In the last 90 days, 8 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the office spaces in the Skokie are subleases, so you might be able to snag a great spot on a short term. 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 3,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this area were built in 1973 and are Class A.

Skokie Community

Market Report

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

Market Data

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