Northbrook Sublease

Northbrook

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,410
As of: June 27, 2017

Northbrook Rates

Most listings are in the $20's per square foot per year. The Northbrook submarket is going through a an increase in rates. In the last 3 months, the median rate went up $21 per sqft per year.

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

Northbrook Listing Supply

In the last 90 days, 30 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 43% of the listings in the Northbrook 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.

The standard measurement for office space in this area is around 1,790 sqft. Most buildings in this market are around 4 floors. 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