Compared to the rest of the Chicagoland market, the Ranch Triangle submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 1 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 500% of the office spaces in the Ranch Triangle 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 2,300 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1939 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Ranch Triangle residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.