Lombard Retail

Lombard

Office Space Market Report

Number of Listings (last 90 days)
86
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,500
As of: May 24, 2017

Lombard Rates

Most listings are in the $10's per square foot per year. The Lombard region is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Chicagoland market, the Lombard region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Lombard Listing Supply

In the last 90 days, 86 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available leases in the Lombard are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,560 sqft. Most buildings in this market are close to 1 stories. Most buildings in this region were built in 1983 and are Class B.

Lombard Community

Market Report

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

Market Data

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