Palos Hills Retail

Palos Hills

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
1,500
As of: June 27, 2017

Palos Hills Rates

On average, listings lease in the $20's per square foot per year. The Palos Hills region is experiencing a a boost in rates. In the last 3 months, the median rate rose $27 per sqft per year.

Compared to the rest of the Chicagoland market, the Palos Hills submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Palos Hills Listing Supply

In the last 90 days, 1 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 400% of the available leases in the Palos Hills 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1982 and are Class B.

Palos Hills Community

Market Report

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

Market Data

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