Oakbrook Terrace Sublease

Oakbrook Terrace

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
4,410
As of: February 22, 2017

Oakbrook Terrace Rates

On average, listings lease in the $10's per square foot per year. The Oakbrook Terrace submarket is going through a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 24% decline in rent.

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

Oakbrook Terrace Listing Supply

In the last 90 days, 39 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,410 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this market were built in 1985 and are Class A.

Oakbrook Terrace Community

Market Report

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

Market Data

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