On average, listings lease in the $20's per square foot per year. The Arcadia Terrace region is experiencing a a rise in rates. In the last 3 months, the median rate rose $22 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Chicagoland market, the Arcadia Terrace region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been made available, which means office spaces might be going fast. 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 2,500 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1956.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the folk of Arcadia Terrace work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.