On average, listings lease in the $20's per square foot per year. The Elmhurst submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $22 per sqft per year.
In the last 90 days, 1 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 400% of the office spaces in the Elmhurst are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,980 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1972 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Elmhurst occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.