On average, listings lease in the $30's per square foot per year. The Crystal Lake region is going through a decline in rates. In the last 3 months, the median rate fell $32 per sqft per year. That's a 50% decline in rent.
Compared to the rest of the Chicagoland market, the Crystal Lake region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 186 listings have been made available, so you'll want to check back regularly for new listings. About 19% of the available space in the Crystal Lake 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 210 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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