On average, listings lease in the $20's per square foot per year. The Cantera region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Chicagoland market, the Cantera region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 43 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the available space in the Cantera 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,720 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this market were built in 2000 and are Class A.
This market is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Cantera folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Cantera.
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