Algonquin Office Space

Algonquin

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,900
As of: February 24, 2017

Algonquin Rates

The typical asking rate per listing is in the $10's per square foot per year. The Algonquin region is going through a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Compared to the rest of the Chicagoland market, the Algonquin submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Algonquin Listing Supply

In the last 90 days, 6 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,900 sqft. Most buildings in this region are close to 1 stories. Most buildings in this market were built in 2004 and are Class A.

Algonquin Community

Market Report

Trends and status of the commercial real estate market in Algonquin.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Algonquin.
Research

Algonquin Submarkets