Oak Forest Office Space

Oak Forest

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
13,300
As of: December 2, 2016

Oak Forest Rates

Most listings are in the $20's per square foot per year. The Oak Forest region is going through a an increase in rates. In the last 3 months, the median rate increased $21 per sqft per year. That's a Inf% rise in rent.

Oak Forest Listing Supply

In the last 90 days, 2 listings have come on the market, which means leases 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.

Even though the median size is 13,300 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 9 stories. Most buildings in this market were built in 1985 and are Class B.

Oak Forest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Oak Forest occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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