The typical asking rate per listing is in the $20's per square foot per year. The North Country Knolls submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $28 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Chicagoland market, the North Country Knolls submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 18 listings have been posted online, which means leases 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 1,920 sqft. Most buildings in this market are around 4 floors. Most buildings in this market were built in 1991 and are Class B.
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 region. 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.