Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.
Median Size (sqft)
Lockport Office & Commercial Space
Located in Will County, Illinois, Lockport is one of several small communities in this region of the state that offer residents and visitors the opportunity to immerse themselves in a quaint, small-town community experience. Recently ranked as one of the fastest growing suburbs in America by Forbes Magazine, Lockport provides businesses owners seeking office space for rent or commercial space for rent in the state of the Illinois with the opportunity to develop a solid business foundation for affordable rental rates. Properties for lease in Lockport may prove to be an excellent business opportunity for those looking to establish themselves in both the state and region at large.
Lockport Economic Overview
With a median household income well above state averages, Lockport’s residents are largely middle class. Common occupations for residents of Lockport include both standard and supervisory positions in the manufacturing and construction industries. Unemployment levels, at their peak in the months following the 2008 financial crisis, have since subsided to levels that are only slightly higher than national averages. Given the large influx of migrants to this region, Lockport is primed for substantive growth in the foreseeable future as entrepreneurs slowly evolve the economic infrastructure of this community.
Lockport At A Glance
Lockport has been dubbed “the city that made Chicago famous,” due primarily to the fact that this community played a formative role in the development of the Illinois and Michigan Canal, the construction of which is considered to be a catalyst in the development of Chicago, the region’s largest urban center. Notable landmarks within Lockport include the Illinois State Museum, the Illinois and Michigan Canal Museum and the Lockport Gallery, among other cultural institutions. Lockport is situated on the Metra Heritage Corridor, which allows residents of this community to easily access Joliet and Chicago via rail service. On a demographic level, Lockport is largely homogeneous, with the majority of the popular being Caucasian.
Where To Lease In Lockport
Business owners seeking affordable office or commercial space in Lockport can benefit from the relatively small geographical size of this community. The majority of the smaller businesses and retail shops are located in Downtown Lockport, which is also the home of the city’s popular museum district. Business owners may find this region of the city to best satisfy their needs for visibility and high levels of economic activity.