Mount Prospect, IL Market Trends

Looking for more information on sold properties? Get the critical details you need on recent commercial property transactions days after the close of sale.

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Multifamily Property Asking Price Index - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
$61,174.79 +1.7% +4.9%
-
Metro
$68,834.13 +1.4% +5.7%
-
County
$75,872.20 +2.8% +12.4%

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Office Property Asking Price Index - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
$93.11 +0.9% -0.9%
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Metro
$102.33 +0.8% -1.9%
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County
$95.25 +1.7% -4.6%

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Industrial Property Asking Price Index - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
$51.16 +0.9% -0.6%
-
Metro
$54.03 +1.0% -0.7%
-
County
$51.19 +0.9% -0.9%

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Retail Property Asking Price Index - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
$102.51 -1.1% -1.9%
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Metro
$113.28 -1.2% -2.1%
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County
$120.19 -1.1% -2.4%

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Multifamily Property Sale Prices - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
$64,640.37 -0.1% +16.4%
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Metro
$65,083.70 +0.3% +18.0%

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Office Property Sale Prices - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
$75.57 -2.4% +0.7%
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Metro
$78.30 +0.1% +3.5%

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Industrial Property Sale Prices - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
$48.51 +5.0% +16.7%
-
Metro
$48.90 +5.0% +16.7%

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Retail Property Sale Prices - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
$92.34 -2.6% +9.7%
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Metro
$93.03 -3.2% +20.4%

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Multifamily Property Total $ Available For Sale - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
26 -14.9% -5.6%

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Office Property Total $ Available For Sale - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
28 -25.2% +1.8%

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Industrial Property Total $ Available For Sale - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
49 -24.7% -9.8%

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Retail Property Total $ Available For Sale - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
41 -22.2% +6.3%

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Multifamily Property No. of Listings - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
32 -20.0% +11.2%

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Office Property No. of Listings - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
51 -23.1% +6.7%

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Industrial Property No. of Listings - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
64 -26.4% -7.9%

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Retail Property No. of Listings - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
55 -22.5% +8.5%

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Multifamily Property Profile Views (Demand) - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
149 +12.4% +26.9%

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Office Property Profile Views (Demand) - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
126 +12.7% +22.4%

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Industrial Property Profile Views (Demand) - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
152 -11.7% +12.7%

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Retail Property Profile Views (Demand) - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
127 +2.6% +20.4%

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Office Property Total SF Available - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
49 -23.0% +4.5%

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Industrial Property Total SF Available - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
73 -26.1% -4.4%

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Retail Property Total SF Available - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
55 -23.4% +4.0%

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Multifamily Property No. of Units For Sale - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
23 -17.2% -4.0%

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Multifamily Property Days on Market - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
144 -2.7% -12.1%
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Metro
141 -3.5% -9.9%

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Office Property Days on Market - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
247 -2.9% +9.6%
-
Metro
253 +2.1% +13.4%

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Industrial Property Days on Market - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
334 -0.4% +16.6%
-
Metro
328 -0.2% +21.7%

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Retail Property Days on Market - Sale Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
177 -1.5% +12.6%
-
Metro
209 +4.2% +19.2%

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Office Property Asking Rent - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
$16.00 +0.1% -0.6%
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Metro
$16.51 +0.0% -0.4%
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County
$18.01 +0.3% +1.3%
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City
$13.70 -0.2% -6.0%

The average asking rental rate per sq ft/year for Office properties in Mount Prospect, IL as of Aug 14 was $13.70. This represents a decrease of -0.2% compared to the prior 3 months, with a decrease of -6.0% year-over-year. County-wide, average rental rates in Mount Prospect are +0.3% higher at $18.01 per sq ft/year for Office properties currently for lease.

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Industrial Property Asking Rent - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
$6.72 +0.0% -0.2%
-
Metro
$6.96 +0.2% +0.5%
-
County
$7.29 -0.4% -1.3%

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Retail Property Asking Rent - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
$15.23 +0.5% +0.3%
-
Metro
$16.00 +0.4% +0.2%
-
County
$18.06 +0.6% +1.5%

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Office Property No. of Spaces - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
61 -23.7% -0.4%

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Industrial Property No. of Spaces - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
54 -27.3% -7.3%

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Retail Property No. of Spaces - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
57 -23.6% +6.1%

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Office Property Profile Views (Demand) - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
263 +1.9% +6.1%

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Industrial Property Profile Views (Demand) - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
221 -6.2% +18.3%

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Retail Property Profile Views (Demand) - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
171 -3.4% +7.7%

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Office Property Total SF Available - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
54 -25.1% -5.5%

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Industrial Property Total SF Available - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
49 -24.6% -0.4%

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Retail Property Total SF Available - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
Metro
47 -21.0% +11.1%

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Office Property Days on Market - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
235 +1.4% +19.6%
-
Metro
229 +1.8% +19.3%

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Industrial Property Days on Market - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
199 +2.7% -21.7%
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Metro
195 +5.8% -22.1%

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Retail Property Days on Market - Lease Trends

  Aug 14 vs. 3 mo. prior Y-O-Y
-
State
273 -3.1% -2.6%
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Metro
275 -1.6% -3.4%