On average, listings lease in the $30's per square foot per year. The Crystal Lake submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $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 greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 186 listings have been listed, so you'll want to check back regularly for new listings. About 17% of the listings 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 buildings in this market are approximately 1 stories. Most buildings in this area 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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