Most listings are in the $30's per square foot per year. The Burbank submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $33 per sqft per year.
Compared to the rest of the Chicagoland market, the Burbank submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 8 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this market were built in 1987 and are Class B.
Real time and historical data on commercial real estate listings in Burbank.
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