Riverside Sublease

Riverside

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,550
As of: May 28, 2017

Riverside Rates

The typical asking rate per listing is in the $20's per square foot per year. The Riverside region is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% rise in rent.

Compared to the rest of the Chicagoland market, the Riverside region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Riverside Listing Supply

In the last 90 days, 1 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the Riverside are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,340 sqft. Most buildings in this region were built in 1871 and are Class B.

Riverside Community

Market Report

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

Market Data

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