Ranch Triangle Office Space

Ranch Triangle

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
2,300
As of: June 25, 2017

Ranch Triangle Rates

The typical asking rate per listing is in the $30's per square foot per year. The Ranch Triangle submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $34 per sqft per year.

Compared to the rest of the Chicagoland market, the Ranch Triangle region has greater rates, and you'll need to make a great offer to be in this hot region.

Ranch Triangle Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 800% of the available space in the Ranch Triangle 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.

The standard measurement for office space in this area is around 2,300 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1939 and are Class C.

Ranch Triangle Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Ranch Triangle 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 Ranch Triangle.
Market Report

Market Data

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