Compared to the rest of the Chicagoland market, the North Riverside submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 35 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 37% of the available leases in the North Riverside are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,240 sqft. Most properties in this market are close to 1 floors. Most buildings in this market were built in 1972 and are Class B.
Real time and historical data on commercial real estate listings in North Riverside.
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