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The typical asking rate per commerial real estate listing leases is in the $10's per square foot per year. The Genoa City submarket is going through a a boost in rates. In the last 3 months, the median rate for lease went up $16 per sqft per year.
Compared to the rest of the Chicagoland commercial real estate market, the Genoa City region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 commercial real estate listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,210 sqft. Most properties in this area are close to 1 floors. Most buildings in this area were built approximately 1996.
Real time and historical data on commercial real estate listings in Genoa City.
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