Blackberry Countryside Office Space

Blackberry Countryside

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,530
As of: July 26, 2017

Blackberry Countryside Rates

The typical asking rate per listing is in the $20's per square foot per year. The Blackberry Countryside submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decrease in rent.

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

Blackberry Countryside Listing Supply

In the last 90 days, 8 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available leases in the Blackberry Countryside are subleases, so you might be able to snag a great spot on a short term. 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 1,530 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1999 and are Class B.

Blackberry Countryside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Blackberry Countryside 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 Blackberry Countryside.
Market Report

Market Data

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