Bannockburn Office Space

Bannockburn

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,180
As of: June 23, 2017

Bannockburn Rates

The typical asking rate per listing is in the $20's per square foot per year. The Bannockburn submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $25 per sqft per year.

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

Bannockburn Listing Supply

In the last 90 days, 1 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 400% of the available space in the Bannockburn 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,180 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this market were built in 1998 and are Class A.

Bannockburn Community

Market Report

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

Market Data

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