The typical asking rate per listing is in the $20's per square foot per year. The Paddock Lake submarket is going through a an increase in rates. In the last 3 months, the median rate went up $21 per sqft per year.
Compared to the rest of the Chicagoland market, the Paddock Lake submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 4 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,020 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1954.
Real time and historical data on commercial real estate listings in Paddock Lake.
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