Mount Prospect, IL Market TrendsBETA

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

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$60,091.79 -1.5% +7.0%
-
Metro
$67,325.30 -1.8% +7.7%
-
County
$72,049.65 -3.2% +9.9%

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Office Property Asking Price Index - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$93.22 -1.3% -2.9%
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Metro
$102.19 -1.7% -4.5%
-
County
$94.70 -3.3% -6.3%

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Industrial Property Asking Price Index - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$50.65 -1.3% -1.7%
-
Metro
$53.35 -1.2% -2.9%
-
County
$50.79 -1.2% -1.5%

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Retail Property Asking Price Index - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$104.75 0.0% +2.8%
-
Metro
$116.66 -0.5% +2.8%
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County
$123.99 +1.1% +1.5%

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Multifamily Property Sale Prices - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$63,745.78 +6.1% +13.4%
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Metro
$64,034.84 +6.0% +18.9%

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Office Property Sale Prices - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$76.98 -1.3% -1.5%
-
Metro
$76.52 -1.7% +5.0%

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Industrial Property Sale Prices - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$44.92 +5.8% +3.0%
-
Metro
$45.40 +6.6% +5.6%

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Retail Property Sale Prices - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$99.67 +13.9% +3.6%
-
Metro
$98.72 +18.1% +12.0%

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Multifamily Property Total $ Available For Sale - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
31 -21.9% +26.5%

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Office Property Total $ Available For Sale - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
36 -4.4% +30.9%

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Industrial Property Total $ Available For Sale - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
69 -5.6% +22.0%

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Retail Property Total $ Available For Sale - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
51 -5.2% +42.7%

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Multifamily Property No. of Listings - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
38 -9.8% +33.9%

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Office Property No. of Listings - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
62 -3.6% +33.6%

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Industrial Property No. of Listings - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
85 -4.7% +20.2%

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Retail Property No. of Listings - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
68 -2.3% +37.2%

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Multifamily Property Profile Views (Demand) - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
133 +38.1% -14.9%

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Office Property Profile Views (Demand) - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
128 +58.8% +13.3%

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Industrial Property Profile Views (Demand) - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
177 +51.0% +27.8%

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Retail Property Profile Views (Demand) - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
128 +31.5% +14.5%

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Office Property Total SF Available - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
60 -2.3% +31.2%

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Industrial Property Total SF Available - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
97 -3.7% +26.2%

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Retail Property Total SF Available - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
72 -2.1% +44.6%

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Multifamily Property No. of Units For Sale - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
28 -25.3% +25.3%

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Multifamily Property Days on Market - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
144 -3.5% +2.4%
-
Metro
140 -0.6% -1.7%

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Office Property Days on Market - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
252 +1.3% +6.7%
-
Metro
243 +1.3% +8.0%

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Industrial Property Days on Market - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
322 +4.1% +10.7%
-
Metro
314 +6.7% +9.5%

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Retail Property Days on Market - Sale Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
178 +7.3% +1.4%
-
Metro
192 +6.8% +0.5%

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Office Property Asking Rent - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$15.91 -0.2% -1.3%
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Metro
$16.43 -0.1% -0.8%
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County
$17.80 +0.3% +0.8%
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City
$13.84 -1.5% -6.5%

The average asking rental rate per sq ft/year for Office properties in Mount Prospect, IL as of Mar 14 was $13.84. This represents a decrease of -1.5% compared to the prior 3 months, with a decrease of -6.5% year-over-year. County-wide, average rental rates in Mount Prospect are +0.3% higher at $17.80 per sq ft/year for Office properties currently for lease.

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Industrial Property Asking Rent - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$6.73 +0.1% +1.2%
-
Metro
$6.95 +0.5% +2.0%
-
County
$7.32 -0.3% +0.9%

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Retail Property Asking Rent - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
$15.13 -0.4% +0.8%
-
Metro
$15.93 -0.1% -0.3%
-
County
$17.98 +0.4% +1.1%

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Office Property No. of Spaces - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
78 -3.1% +23.8%

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Industrial Property No. of Spaces - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
74 -2.2% +19.1%

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Retail Property No. of Spaces - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
74 +1.9% +39.0%

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Office Property Profile Views (Demand) - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
265 +46.4% -2.0%

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Industrial Property Profile Views (Demand) - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
239 +50.1% +11.8%

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Retail Property Profile Views (Demand) - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
189 +50.2% +8.8%

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Office Property Total SF Available - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
71 -4.9% +19.9%

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Industrial Property Total SF Available - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
64 +1.1% +27.9%

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Retail Property Total SF Available - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
Metro
59 +2.8% +40.8%

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Office Property Days on Market - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
221 +10.1% -5.2%
-
Metro
218 +9.4% -7.2%

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Industrial Property Days on Market - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
189 -17.3% -27.3%
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Metro
177 -15.3% -31.5%

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Retail Property Days on Market - Lease Trends

  Mar 14 vs. 3 mo. prior Y-O-Y
-
State
283 +7.2% -4.2%
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Metro
277 +3.1% -9.1%