On average, listings lease in the $20's per square foot per year. The Cantera region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Chicagoland market, the Cantera submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 43 listings have come on the market, so you'll want to check back regularly for new listings. About 12% of the listings in the Cantera 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.
Even though the median size is 2,720 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 2000 and are Class A.
This area is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Cantera residents. Commuting around an hour 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 Cantera.
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