Lombard Office Space

Lombard

Office Space Market Report

Number of Listings (last 90 days)
86
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,300
As of: June 23, 2017

Lombard Rates

Most listings are in the $10's per square foot per year. The Lombard submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $20 per sqft per year.

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

Lombard Listing Supply

In the last 90 days, 86 listings have been made available, so you'll want to check back regularly for new listings. About 59% of the listings in the Lombard 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,350 sqft. Most properties in this market are close to 1 stories. Most buildings in this market were built in 1983 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