Des Plaines Sublease

Des Plaines

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,750
As of: July 27, 2017

Des Plaines Rates

Most listings are in the $20's per square foot per year. The Des Plaines submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 19% rise in rent.

Compared to the rest of the Chicagoland market, the Des Plaines submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Des Plaines Listing Supply

In the last 90 days, 26 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 215% of the available space in the Des Plaines 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.

Even though the median size is 2,750 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1973 and are Class B.

Des Plaines Community

Market Report

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

Market Data

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