Westchester Sublease

Westchester

Office Space Market Report

Number of Listings (last 90 days)
55
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,410
As of: March 11, 2017

Westchester Rates

The typical asking rate per listing is in the $20's per square foot per year. The Westchester submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 14% decline in rent.

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

Westchester Listing Supply

In the last 90 days, 55 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Westchester are subleases, so you will probably have to consider a longer term 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 2,410 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1986 and are Class A.

Westchester Community

Market Report

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

Market Data

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