Crystal Lake Sublease

Crystal Lake

Office Space Market Report

Number of Listings (last 90 days)
31
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,210
As of: May 21, 2017

Crystal Lake Rates

The typical asking rate per listing is in the $20's per square foot per year. The Crystal Lake region is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decrease in rent.

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

Crystal Lake Listing Supply

In the last 90 days, 31 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the available space in the Crystal Lake are subleases, so you will probably have to focus your search on direct office leases. 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 1,210 sqft. Most properties in this market are around 1 stories. Most buildings in this region were built in 1996 and are Class A.

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