Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.
Median Size (sqft)
Hanover Park Office & Commercial Space
Situated in both Cook and DuPage County, the village of Hanover Park features a residential population of approximately 38,000 inhabitants. Hanover Park is one of several suburbs of Chicago that is linked to the city via rail line, allowing residents here to commute into the city for both occupational and entertainment opportunities, if they so desire. Business owners seeking office space for rent or commercial space for rent in any one of the neighborhood zones here will be able to take full advantage of this community’s affluence and youthful population when establishing a viable presence capable of developing throughout the city and state.
Hanover Park Economic Overview
The median household income of Hanover Park residents is approximately $63,000, significantly above state averages. Many of the business located throughout Hanover Park are actively supported by residents, helping to create a thriving local industry. Common occupations for Hanover Park residents include positions in the manufacturing and retail trade industries, among others. It’s not uncommon for Hanover Park residents to fill supervisory roles in many of the manufacturing businesses located in close proximity to this community as well as other neighboring suburbs. The per capita income of Hanover Park residents is $20,934.
Hanover Park At A Glance
As with many of the suburbs of Chicago, Hanover Park enjoys a level of cultural diversity that allows for enriching experiences with a variety of ethnic groups and influences. This community is serviced by the Metra Milwaukee District/ West Line, which allows for easy access into and out of Chicago. Popular attractions within Hanover Park include the Hanover Park Park District as well as the Poplar Creek Public Library District.
Where To Lease In Hanover Park
Hanover Park’s status as a suburb of Chicago ensures that business owners who decide to lease property here will be able to enjoy a variety of compelling rental locations. That being said, competition for space in many of these suburbs can be somewhat fierce, due in large part to the fact that a large number of entrepreneurs are hoping to tap into Chicago’s vibrant economy. Business owners are advised to research all available options and find a property that matches their budget and design expectations.