Compared to the rest of the Chicagoland market, the O'Hare submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 6 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 250% of the office spaces in the O'Hare are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,580 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 11 floors. Most buildings in this area were built in 1984 and are Class A.
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 walking is the most popular way to get to work amongst O'Hare residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.