Hillside Office Space

Hillside

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
5,440
As of: July 19, 2017

Hillside Rates

On average, listings lease in the $10's per square foot per year. The Hillside region is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the Chicagoland market, the Hillside region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Hillside Listing Supply

In the last 90 days, 4 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 400% of the available leases in the Hillside 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,440 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1985 and are Class B.

Hillside Community

Market Report

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

Market Data

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