The typical asking rate per listing is in the $20's per square foot per year. The Arcadia Terrace submarket is going through a a boost in rates. In the last 3 months, the median rate went up $22 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Chicagoland market, the Arcadia Terrace submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have been listed, which means listings most likley are 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this region are around 2 floors. Most buildings in this market were built in 1956.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the folk of Arcadia Terrace work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.