O'Hare Retail

O'Hare

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
5,320
As of: August 16, 2017

O'Hare Rates

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

O'Hare Listing Supply

In the last 90 days, 6 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 250% of the available leases in the O'Hare 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 5,320 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 11 floors. Most buildings in this region were built in 1984 and are Class A.

O'Hare Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst O'Hare residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in O'Hare.
Market Report

Market Data

Real time and historical data on commercial real estate listings in O'Hare.
Research