Palatine Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 24, 2016

Palatine Rates

On average, listings lease in the $20's per square foot per year. The Palatine submarket is going through a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 23% increase in rent.

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

Palatine Listing Supply

In the last 90 days, 9 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,700 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 1975 and are Class B.

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.