Highland Park Retail

Highland Park

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
3,330
As of: June 27, 2017

Highland Park Rates

On average, listings lease in the $30's per square foot per year. The Highland Park region is going through a a rise in rates. In the last 3 months, the median rate went up $32 per sqft per year.

Compared to the rest of the Chicagoland market, the Highland Park submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Highland Park Listing Supply

In the last 90 days, 8 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 113% of the available leases in the Highland Park 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.

Even though the median size is 3,330 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1988 and are Class A.

Highland Park Community

Market Report

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

Market Data

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

Highland Park Submarkets