Mount Prospect Office Space

Mount Prospect

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
4,120
As of: February 24, 2017

Mount Prospect Rates

Most listings are in the $10's per square foot per year. The Mount Prospect region is experiencing 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 Mount Prospect region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Mount Prospect Listing Supply

In the last 90 days, 38 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 4,120 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 1986 and are Class A.

Mount Prospect Community

Market Report

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

Market Data

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