Lombard Office Space

Lombard

Office Space Market Report

Number of Listings (last 90 days)
86
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,290
As of: July 26, 2017

Lombard Rates

On average, listings lease in the $10's per square foot per year. The Lombard region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

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

Lombard Listing Supply

In the last 90 days, 86 listings have been posted online, so you'll want to check back regularly for new listings. About 43% of the listings in the Lombard 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 1,300 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this market were built in 1982 and are Class B.

Lombard Community

Market Report

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

Market Data

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