Lombard Sublease

Lombard

Office Space Market Report

Number of Listings (last 90 days)
86
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,360
As of: August 20, 2017

Lombard Rates

On average, listings lease in the $10's per square foot per year. The Lombard submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 11% decrease in rent.

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

Lombard Listing Supply

In the last 90 days, 86 listings have come on the market, so you'll want to check back regularly for new listings. About 38% of the available leases in the Lombard 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,360 sqft. Most properties in this area are around 1 stories. Most buildings in this market were built in 1982 and are Class B.

Lombard Community

Market Report

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

Market Data

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