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Most commerial real estate listings for lease are in the $10's per square foot per year. The Hoffman Estates submarket is seeing a a boost in rates. In the last 3 months, the median rate for lease went up $5 per sqft per year. That's a 36% increase in rent.
Compared to the rest of the Chicagoland commercial real estate market, the Hoffman Estates region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 162 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate space in the Hoffman Estates are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 36,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this region were built approximately 1992 and are Class A.
Real time and historical data on commercial real estate listings in Hoffman Estates.
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