Most listings are in the $20's per square foot per year. The Iroqouis Commons submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $22 per sqft per year.
Compared to the rest of the Chicagoland market, the Iroqouis Commons submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Iroqouis Commons are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,660 sqft. Most properties in this market are approximately 2 stories.
Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Iroqouis Commons residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.