Crystal Lake Retail

Crystal Lake

Office Space Market Report

Number of Listings (last 90 days)
31
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,550
As of: July 26, 2017

Crystal Lake Rates

The typical asking rate per listing is in the $10's per square foot per year. The Crystal Lake submarket is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 16% decrease in rent.

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

Crystal Lake Listing Supply

In the last 90 days, 31 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Crystal Lake 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,550 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this area were built in 1996 and are Class A.

Crystal Lake Community

Market Report

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

Market Data

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