Wood Dale Sublease

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Wood Dale

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,200
As of: July 23, 2017

Wood Dale Rates

Most listings are in the $10's per square foot per year. The Wood Dale region is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.

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

Wood Dale Listing Supply

In the last 90 days, 7 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 43% of the office spaces in the Wood Dale 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,200 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 1 floors. Most buildings in this area were built in 1987 and are Class A.

Wood Dale Community

Market Report

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

Market Data

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