Deerfield Office Space

Deerfield

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
5,480
As of: August 20, 2017

Deerfield Rates

Most listings are in the $20's per square foot per year. The Deerfield submarket is going through a an increase in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 2% rise in rent.

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

Deerfield Listing Supply

In the last 90 days, 17 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 71% of the listings in the Deerfield are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,480 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 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