Crown Point Office Space

Crown Point

Office Space Market Report

Number of Listings (last 90 days)
50
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,900
As of: August 22, 2017

Crown Point Rates

Most listings are in the $10's per square foot per year. The Crown Point region is going through a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 17% rise in rent.

Compared to the rest of the Chicagoland market, the Crown Point submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Crown Point Listing Supply

In the last 90 days, 4 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 175% of the office spaces in the Crown Point 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 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 1,200 sqft. Most properties in this region are close to 1 floors. Most buildings in this area were built in 1998 and are Class B.

Crown Point Community

Market Report

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

Market Data

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