Compared to the rest of the Chicagoland market, the Magnolia Glen submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 2 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 6,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this region were built in 1940 and are Class C.
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 residents of Magnolia Glen work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.