Most listings are in the $20's per square foot per year. The Northbrook region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Chicagoland market, the Northbrook region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 275 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available leases in the Northbrook are subleases, so you will probably have to focus your search on direct office leases. 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 2,030 sqft. Most properties in this area are approximately 4 floors. Most buildings in this market were built in 1980 and are Class A.
Real time and historical data on commercial real estate listings in Northbrook.
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