On July 7th, 2010 the Institute for Housing Studies (IHS) at DePaul University in Chicago released the "Cook County Rent and Vacancy 2010 Q1 Report". The report noted most submarkets of Chicago and suburban Cook County continue to see high vacancy rates and decreasing rents.

In the first quarter of 2006 Chicago and Cook County vacancy rates were 3.1% and 3.6% respectively. The rates bottomed in Q4 2006 at 2.3% and 2.5% respectively.

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