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: June 22, 2017

Wheeling Rates

Most listings are in the $10's per square foot per year. The Wheeling submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.

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

Wheeling Listing Supply

In the last 90 days, 4 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 75% of the available space 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 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 1,990 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this market were built in 1985 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