Northfield Retail

Northfield

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
810
As of: June 25, 2017

Northfield Rates

On average, listings lease in the $20's per square foot per year. The Northfield submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $29 per sqft per year.

Compared to the rest of the Chicagoland market, the Northfield submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Northfield Listing Supply

In the last 90 days, 0 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Northfield 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.

The standard measurement for office space in this area is around 810 sqft. Most buildings in this area are close to 2 floors. Most buildings in this region were built in 1980 and are Class B.

Northfield Community

Market Report

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

Market Data

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