The commercial real estate market in Mendota, IL, has shown resilience amid broader economic shifts. Recent trends indicate a moderate stabilization in office leasing activity, with vacancy rates holding steady around 9 percent. This suggests a balanced market, where demand is keeping pace with available inventory.
Market health indicators, including consistent leasing rates and the emergence of coworking spaces, signal a shift in how local businesses approach office needs. The rise in coworking arrangements offers flexible solutions appealing to small businesses that prioritize costefficiency and adaptability.
For small businesses seeking office space, key insights include exploring coworking options to mitigate overhead costs and considering flexible lease terms to accommodate fluctuating workforce demands. As Mendota continues to develop its commercial landscape, businesses can benefit from a supportive environment that encourages collaboration and innovation.
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Showing 1 - 20 of 24 buildings with 13 total listings
4390 E 5th Rd, Mendota, IL 61342
Prime agricultural land zoned for manufacturing, adjacent to commercial industrial development. Easy access to I39 at Mendota interchange. House...
1 land
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702 13th Ave, Mendota, IL 61342
Car Wash with outstanding volume. Over 12,000 vehicles pass through the intersection on a daily bases providing a steady business flow here....
Listings
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810 Main St.,, Mendota, IL 61342
Established full menu restaurant & bar plus seperate bar with own entrance & 2 large apartments. Good income, great condition, loaded with charm,...
Listings
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1606 Milwaukee Ave, Mendota, IL 61342
Spacious family home features 4 bedrooms, 2 full baths. Formal dining room. Huge recently remodeled kitchen has cabinets galore, center island,...
1 multi-family space
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1 office space
1 retail space 8,500 square feet.
1 industrial space
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