Skokie Sublease

Skokie

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
8,180
As of: August 16, 2017

Skokie Rates

The typical asking rate per listing is in the $20's per square foot per year. The Skokie region is going through a a rise in rates. In the last 3 months, the median rate rose $22 per sqft per year.

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

Skokie Listing Supply

In the last 90 days, 8 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 63% of the available leases in the Skokie 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.

Even though the median size is 8,180 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this area were built in 1972 and are Class A.

Skokie Community

Market Report

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

Market Data

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