Palatine Office Space

Palatine

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,650
As of: December 9, 2016

Palatine Rates

Most listings are in the $10's per square foot per year. The Palatine submarket is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 19% decline in rent.

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

Palatine Listing Supply

In the last 90 days, 12 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,650 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this market were built in 1980 and are Class C.

Palatine Community

Market Report

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

Market Data

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