On average, listings lease in the $20's per square foot per year. The Argonne Park submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decline in rent.
In the last 90 days, 6 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 510 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1986 and are Class C.
This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Argonne Park residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.