Crystal Lake Sublease

Crystal Lake

Office Space Market Report

Number of Listings (last 90 days)
31
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
630
As of: August 18, 2017

Crystal Lake Rates

The typical asking rate per listing is in the $60's per square foot per year. The Crystal Lake submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $46 per sqft per year. That's a 269% rise in rent.

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

Crystal Lake Listing Supply

In the last 90 days, 31 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 77% of the available leases in the Crystal Lake 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 630 sqft. Most properties in this market are approximately 1 floors. Most buildings in this region were built in 1996 and are Class B.

Crystal Lake Community

Market Report

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

Market Data

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