Niles Sublease

Niles

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,950
As of: December 3, 2016

Niles Rates

On average, listings lease in the $10's per square foot per year. The Niles region is experiencing a a rise in rates. In the last 3 months, the median rate went up $18 per sqft per year. That's a Inf% rise in rent.

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

Niles Listing Supply

In the last 90 days, 10 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,950 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this market were built in 1957 and are Class C.

Niles Community

Market Report

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

Market Data

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