North Aurora Retail

North Aurora

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,410
As of: December 8, 2016

North Aurora Office & Commercial Space

Located in Kane County, Illinois, the village of North Aurora hosts a population of nearly 17,000, the majority of which are in their mid-30s. One of many suburbs of Chicago located in the area, North Aurora provides residents and business owners with easy access to the largest metropolitan center in both the state and region. Rental properties for lease, including office space for rent and commercial space for rent, may prove to be an important step on the path towards financial success for both new entrepreneurs as well as seasoned business professionals. The rental properties found throughout the neighborhood zones of North Aurora are quite popular among business owners across a wide range of industries and commercial interests.

North Aurora Economic Overview

Featuring median household incomes nearly 25% above state averages (circ. $55,000), the community of North Aurora is predominantly middle class / upper-middle class. Residents of North Aurora are typically employed in a wide range of “in-demand” industries, including manufacturing, retail trade and the scientific, technical and professional service sectors, among others. Unemployment levels remain slightly below state averages, due in large part to the fact that the community’s economic infrastructure has remained somewhat diversified. The per capita income of North Aurora is approximately $25,000. According to recent studies, roughly 1.5% of families in North Aurora currently live below the established poverty line.

North Aurora At A Glance

The beginnings of North Aurora can be traced back to 1834, when John Peter Schneider established a working mill and dam on the Fox River. Although North Aurora currently maintains its own library, fire and police departments, the numerous public areas and park spaces found here are under the jurisdiction of the nearby Fox Valley Park District. Demographically, North Aurora is nearly homogenous, with 87% of the population classified as Caucasian and only 13% of locals representing additional ethnic groups. Of the roughly 4,000 households in existence here, 59% included married couples, and 36% included children under the age of 18.

Where To Lease In North Aurora

Business owners seeking to find the “perfect” office or commercial space in North Aurora may be somewhat frustrated by the shortage of options here, due in large part to the relatively small size of the community. That being said, properties located in North Aurora offer a high degree of exposure and visibility for those invested in developing their influence among both the local and regional consumer bases. The downtown area of North Aurora is strongly recommended for those developing their commercial or retail interests here.

Learn More About North Aurora

Market Report

Trends and status of the commercial real estate market in North Aurora.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North Aurora.
Research