Most listings are in the $20's per square foot per year. The Fox Valley region is experiencing a a boost in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 1% increase in rent.
Compared to the rest of the Chicagoland market, the Fox Valley region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 63 listings have been made available, so you'll want to check back regularly for new listings. About 33% of the office spaces in the Fox Valley are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 700 sqft. Most buildings in this market are close to 1 floors. Most buildings in this region were built in 2000 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Fox Valley occupants. Commuting more than an hour and a half 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 Fox Valley.
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