DePaul Office Space

DePaul

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
1,800
As of: March 12, 2017

DePaul Rates

On average, listings lease in the $40's per square foot per year. The DePaul region is going through a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decrease in rent.

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

DePaul Listing Supply

In the last 90 days, 4 listings have been made available, which means office spaces are probably leasing quickly. 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 1,800 sqft. Most properties in this market are close to 3 stories. Most buildings in this area were built in 1925 and are Class C.

DePaul Community

Market Report

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

Market Data

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