McHenry Office Space

McHenry

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,640
As of: August 17, 2017

McHenry Rates

The typical asking rate per listing is in the $10's per square foot per year. The McHenry region is experiencing a an increase in rates. In the last 3 months, the median rate went up $18 per sqft per year.

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

McHenry Listing Supply

In the last 90 days, 3 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 67% of the available leases in the McHenry 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 2,640 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 2001 and are Class A.

McHenry Community

Market Report

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

Market Data

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

McHenry Submarkets