The typical asking rate per listing is in the $20's per square foot per year. The Argonne Park submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 6 listings have come on the market, which means listings might be 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 1,050 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area 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 market. 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.