The typical asking rate per listing is in the $50's per square foot per year. The Downtown Naperville submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a 38% increase in rent.
Compared to the rest of the Chicagoland market, the Downtown Naperville region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 5 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,660 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 1997 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Naperville folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.