On average, listings lease in the $20's per square foot per year. The Big Woods Marmion submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $12 per sqft per year. That's a 75% rise in rent.
Compared to the rest of the Chicagoland market, the Big Woods Marmion region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,530 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 2001 and are Class Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Big Woods Marmion occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.