South Itasca Commercial Real Estate For Lease

South Itasca

Market Report

Number of Listings For Lease
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
3,640

South Itasca Commercial Real Estate

Find South Itasca commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about South Itasca commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

South Itasca Rates

Most commerial real estate listings for lease are in the $10's per square foot per year. The South Itasca submarket is seeing a decline in rates. In the last 3 months, the median rate for lease fell $5 per sqft per year.

Compared to the rest of the Chicagoland commercial real estate market, the South Itasca region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

South Itasca Listing Supply

In the last 90 days, 32 commercial real estate 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 size for office space in this area is around 7,020 sqft. Most properties in this market are approximately 1 floors. Most buildings in this area were built close to 1995 and are Class B.

South Itasca Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst South Itasca folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in South Itasca.
Research