Wheeling Office Space

Wheeling

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,990
As of: July 27, 2017

Wheeling Rates

Most listings are in the $10's per square foot per year. The Wheeling submarket is going through a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.

Compared to the rest of the Chicagoland market, the Wheeling submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Wheeling Listing Supply

In the last 90 days, 4 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 175% of the available leases in the Wheeling are subleases, so you might be able to snag a great spot on a short term. 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 1,990 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 1982 and are Class B.

Wheeling Community

Market Report

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

Market Data

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