The typical asking rate per listing is in the $20's per square foot per year. The Country Meadows submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 0% increase in rent.
Compared to the rest of the Chicagoland market, the Country Meadows submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 4 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the Country Meadows 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,610 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1978.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Country Meadows occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.