Rosemont Office Space

Rosemont

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,590
As of: March 29, 2017

Rosemont Rates

The typical asking rate per listing is in the $20's per square foot per year. The Rosemont submarket is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decline in rent.

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

Rosemont Listing Supply

In the last 90 days, 16 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available space in the Rosemont are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,670 sqft. Most properties in this area are approximately 11 stories. Most buildings in this area were built in 1988 and are Class A.

Rosemont Community

Market Report

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

Market Data

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