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Channahon Commercial Real Estate For Lease

Channahon

Market Report

Number of Listings For Lease
Posted in the last 90 days
1
Median Size (sqft)
1,600

Channahon Office & Commercial Space

Channahon is a small village located in both Grundy and Will Counties in the state of Illinois. With a residential population of roughly 14,000 inhabitants, Channahon, whose name translates as “Meeting of the Waters,” is a largely affluent community, and offers both business owners and entrepreneurs the opportunity to secure valuable rental properties for lease, including office space for rent and commercial space for rent, throughout the neighborhood zones here. These properties may prove to be a powerful platform on which to build a viable and sustainable business platform for years to come. Channahon’s rental properties are suitable for a wide array of businesses and industries.

Channahon Economic Overview

The median household income of Channahon’s residents is nearly $85,000, an increase of over 50% from the state average. Because of this, Channahon is widely considered to be a middle class / upper-middle class community, with residents commonly employed in industries including manufacturing, construction, retail trade and public administration, among others. Unemployment levels here slightly state averages, although still somewhat high. This could be due to the large preponderance of manufacturing-related businesses in the area, many of which were severely impacted by the recession. Per capita incomes in Channahon are approximately $23,000.

Channahon At A Glance

Channahon was officially incorporated as a village in Illinois in 1962, following years of economic development due, in large part, to the presence of the I & M Canal. In 2000, the construction of a large natural gas pipeline through Channahon brought additional economic prosperity to the region. Notable attractions in the area include the Channahon Park District, which features a variety of scenic natural areas including the Heritage Bluffs Public Golf Club. Demographically, Channahon is almost exclusively Caucasian, with only 3% of the population representing additional ethnic groups.

Where To Lease In Channahon

The clustering of townships in close proximity to Channahon allow business owners here to take advantage of a large consumer population that, while somewhat dispersed geographically, is still capable of frequenting business establishments within the village limits. Those who are interested in leasing properties suitable for manufacturing can do so easily throughout the area. The downtown region of Channahon is most conducive for retail and commercial establishments that rely upon walk-in business.

Learn More About Channahon

Market Data

Real time and historical data on commercial real estate listings in Channahon.
Research