Northbrook Sublease

Northbrook

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,610
As of: December 10, 2016

Northbrook Rates

On average, listings lease in the $20's per square foot per year. The Northbrook submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 0% increase in rent.

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

Northbrook Listing Supply

In the last 90 days, 38 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the office spaces in the Northbrook are subleases, so you will probably have to consider a longer term 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 1,610 sqft. Most properties in this region are around 4 stories. Most buildings in this area were built in 1980 and are Class A.

Northbrook Community

Market Report

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

Market Data

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