The typical asking rate per listing is in the $10's per square foot per year. The Chesterton submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Chicagoland market, the Chesterton region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 4 listings have been made available, which means office spaces might be 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,600 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this area were built in 1965 and are Class C.