Oak Park Office Space

Oak Park

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
890
As of: May 21, 2017

Oak Park Rates

The typical asking rate per listing is in the $30's per square foot per year. The Oak Park region is experiencing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 9% rise in rent.

Oak Park Listing Supply

In the last 90 days, 4 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 890 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1978 and are Class A.

Oak Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by taxi is the most popular way to get to work amongst Oak Park residents. Commuting close to an hour and a half 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 Park.
Market Report

Market Data

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