The typical asking rate per listing is in the $20's per square foot per year. The Argonne Park submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% increase in rent.
In the last 90 days, 4 listings have been made available, which means new listings most likley are going fast. 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.
The standard measurement for office space in this area is around 1,290 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1986 and are Class C.
This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Argonne Park occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.