Westchester Industrial

Westchester

Office Space Market Report

Number of Listings (last 90 days)
53
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,910
As of: January 17, 2017

Westchester Rates

On average, listings lease in the $20's per square foot per year. The Westchester submarket is going through a a boost in rates. In the last 3 months, the median rate rose $24 per sqft per year.

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

Westchester Listing Supply

In the last 90 days, 48 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Westchester are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,990 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1986 and are Class A.

Westchester Community

Market Report

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

Market Data

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