Riverside Office Space

Riverside

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,550
As of: June 22, 2017

Riverside Rates

On average, listings lease in the $20's per square foot per year. The Riverside submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $26 per sqft per year.

Compared to the rest of the Chicagoland market, the Riverside region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Riverside Listing Supply

In the last 90 days, 1 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Riverside 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 1,550 sqft. Most buildings in this market were built in 1871 and are Class B.

Riverside Community

Market Report

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

Market Data

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