The typical asking rate per listing is in the $10's per square foot per year. The North Country Knolls region is seeing a an increase in rates. In the last 3 months, the median rate rose $18 per sqft per year.
Compared to the rest of the Chicagoland market, the North Country Knolls submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the North Country Knolls are subleases, so you might be able to find a shorter term or below market rent. 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 1,500 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this region were built in 1991 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Most of the residents of North Country Knolls work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.