On average, listings lease in the $20's per square foot per year. The Franklin Park submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 15% increase in rent.
In the last 90 days, 3 listings have been posted online, 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1979 and are Class B.
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 car is the most popular way to get to work amongst Franklin Park residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.