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Most commerial real estate listings for lease are in the $10's per square foot per year. The Lincolnwood submarket is going through a an increase in rates. In the last 3 months, the median rate for lease rose $16 per sqft per year.
Compared to the rest of the Chicagoland commercial real estate market, the Lincolnwood region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 29 commercial real estate listings have been made available, which means listings most likley are going fast. 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 size for office space in this area is around 700 sqft. Most properties in this market are approximately 1 floors. Most buildings in this area were built around 1961 and are Class B.
Real time and historical data on commercial real estate listings in Lincolnwood.
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