Addison Sublease

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Addison

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,500
As of: January 18, 2017

Addison Rates

The typical asking rate per listing is in the $20's per square foot per year. The Addison region is seeing a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 34% rise in rent.

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

Addison Listing Supply

In the last 90 days, 18 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,500 sqft. Most buildings in this area are close to 1 stories. Most buildings in this region were built in 1985 and are Class B.

Addison Community

Market Report

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

Market Data

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