Woodridge Industrial

Woodridge

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
950
As of: August 18, 2017

Woodridge Rates

The typical asking rate per listing is in the $20's per square foot per year. The Woodridge submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decrease in rent.

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

Woodridge Listing Supply

In the last 90 days, 10 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 10% of the office spaces in the Woodridge are subleases, so you will probably have to focus your search on direct office leases. 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 950 sqft. Most properties in this region are around 2 stories. Most buildings in this region were built in 2000 and are Class B.

Woodridge Community

Market Report

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

Market Data

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