Most listings are in the $20's per square foot per year. The Mundelein region is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Chicagoland market, the Mundelein region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 31 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available leases in the Mundelein are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,250 sqft. Most properties in this region are approximately 1 floors. Most buildings in this market were built in 1987 and are Class B.
Real time and historical data on commercial real estate listings in Mundelein.
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