Westchester Retail

Westchester

Office Space Market Report

Number of Listings (last 90 days)
55
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
2,390
As of: June 23, 2017

Westchester Rates

The typical asking rate per listing is in the $10's per square foot per year. The Westchester region is going through a an increase in rates. In the last 3 months, the median rate went up $19 per sqft per year.

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

Westchester Listing Supply

In the last 90 days, 55 listings have been listed, so you'll want to check back regularly for new listings. About 15% of the office spaces in the Westchester 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 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 area are close to 2 floors. Most buildings in this region were built in 1986 and are Class A.

Westchester Community

Market Report

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

Market Data

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