Highland Office Space

Highland

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
3,300
As of: May 26, 2017

Highland Rates

On average, listings lease in the $10's per square foot per year. The Highland submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 15% decline in rent.

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

Highland Listing Supply

In the last 90 days, 2 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. 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 3,300 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1978 and are Class A.

Highland Community

Market Report

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

Market Data

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