On average, listings lease in the $30's per square foot per year. The Crystal Lake region is experiencing a a rise in rates. In the last 3 months, the median rate went up $15 per sqft per year. That's a 85% increase in rent.
Compared to the rest of the Chicagoland market, the Crystal Lake region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 186 listings have been posted online, so you'll want to check back regularly for new listings. About 17% of the available leases in the Crystal Lake are subleases, so you might be able to find a shorter term or below market rent. 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 170 sqft. Most properties in this area are close to 1 stories. Most buildings in this market were built in 1996 and are Class B.
Real time and historical data on commercial real estate listings in Crystal Lake.
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