Palos Hills Office Space

Palos Hills

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
930
As of: May 22, 2017

Palos Hills Rates

The typical asking rate per listing is in the $20's per square foot per year. The Palos Hills region is experiencing a a boost in rates. In the last 3 months, the median rate went up $27 per sqft per year.

Compared to the rest of the Chicagoland market, the Palos Hills submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Palos Hills Listing Supply

In the last 90 days, 1 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Palos Hills are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 930 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1975 and are Class C.

Palos Hills Community

Market Report

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

Market Data

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