Beverly Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Beverly Rates

The typical asking rate per listing is in the $10's per square foot per year. The Beverly region is experiencing a an increase 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 Beverly submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Beverly Listing Supply

In the last 90 days, 4 listings have been made available, which means listings most likley are leasing quickly. 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 4,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built in 1942 and are Class B.

Beverly Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Beverly folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.