The typical asking rate per listing is in the $20's per square foot per year. The Lombard submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Chicagoland market, the Lombard submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 390 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Lombard are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,360 sqft. Most buildings in this area are around 1 stories. Most buildings in this area were built in 1982 and are Class B.
Real time and historical data on commercial real estate listings in Lombard.
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