Most listings are in the $20's per square foot per year. The Cantera submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $28 per sqft per year.
Compared to the rest of the Chicagoland market, the Cantera submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 7 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 29% of the office spaces in the Cantera are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,720 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this market were built in 1999 and are Class A.
This area is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Cantera residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.