Deerfield Office Space

Deerfield

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
7,880
As of: March 11, 2017

Deerfield Rates

The typical asking rate per listing is in the $20's per square foot per year. The Deerfield region is experiencing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 21% rise in rent.

Compared to the rest of the Chicagoland market, the Deerfield region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Deerfield Listing Supply

In the last 90 days, 17 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 24% of the office spaces in the Deerfield are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 7,880 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this market were built in 1986 and are Class A.

Deerfield Community

Market Report

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

Market Data

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