Merrillville Industrial

Merrillville

Office Space Market Report

Number of Listings (last 90 days)
34
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,440
As of: December 2, 2016

Merrillville Rates

The typical asking rate per listing is in the $10's per square foot per year. The Merrillville submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $20 per sqft per year. That's a Inf% increase in rent.

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

Merrillville Listing Supply

In the last 90 days, 34 listings have been listed, which means listings might be 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 1,440 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 1983 and are Class B.

Merrillville Community

Market Report

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

Market Data

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