Des Plaines Retail

Des Plaines

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,390
As of: January 17, 2017

Des Plaines Rates

The typical asking rate per listing is in the $20's per square foot per year. The Des Plaines submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 25% decline in rent.

Compared to the rest of the Chicagoland market, the Des Plaines region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Des Plaines Listing Supply

In the last 90 days, 38 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available space in the Des Plaines are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,390 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1973 and are Class B.

Des Plaines Community

Market Report

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

Market Data

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