Skokie Industrial

Skokie

Office Space Market Report

Number of Listings (last 90 days)
36
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,071
As of: December 8, 2016

Skokie Rates

The typical asking rate per listing is in the $10's per square foot per year. The Skokie region is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 18% decrease in rent.

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

Skokie Listing Supply

In the last 90 days, 35 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,071 sqft. Most buildings in this area are around 1 stories. Most buildings in this region 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