Northfield Office Space

Northfield

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
810
As of: July 23, 2017

Northfield Rates

Most listings are in the $20's per square foot per year. The Northfield region is going through a a rise in rates. In the last 3 months, the median rate rose $29 per sqft per year.

Compared to the rest of the Chicagoland market, the Northfield region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Northfield Listing Supply

In the last 90 days, 0 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces in the Northfield 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 810 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 1980 and are Class B.

Northfield Community

Market Report

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

Market Data

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