Woodridge Industrial

Woodridge

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,100
As of: June 22, 2017

Woodridge Rates

Most listings are in the $20's per square foot per year. The Woodridge submarket is going through a a rise in rates. In the last 3 months, the median rate rose $26 per sqft per year.

Compared to the rest of the Chicagoland market, the Woodridge submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Woodridge Listing Supply

In the last 90 days, 10 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 120% of the listings in the Woodridge are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,100 sqft. Most properties in this market are approximately 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