On average, listings lease in the $10's per square foot per year. The West Algonquin submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.
Compared to the rest of the Chicagoland market, the West Algonquin region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 6 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,900 sqft. Most properties in this market are around 1 floors. Most buildings in this market were built in 2004 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst West Algonquin occupants. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.