O'Hare Sublease

O'Hare

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
7,760
As of: February 23, 2017

O'Hare Rates

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

O'Hare Listing Supply

In the last 90 days, 4 listings have come on the market, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available space in the O'Hare are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 7,760 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 11 stories. Most buildings in this region were built in 1984 and are Class A.

O'Hare Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst O'Hare folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in O'Hare.
Market Report

Market Data

Real time and historical data on commercial real estate listings in O'Hare.
Research