Wood Dale Office Space

Wood Dale

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,200
As of: June 22, 2017

Wood Dale Rates

The typical asking rate per listing is in the $10's per square foot per year. The Wood Dale submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $18 per sqft per year.

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

Wood Dale Listing Supply

In the last 90 days, 7 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the office spaces in the Wood Dale are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 40,030 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this area were built in 1987 and are Class A.

Wood Dale Community

Market Report

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

Market Data

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