The typical asking rate per listing is in the $20's per square foot per year. The Northbrook region is going through a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 28% increase in rent.
In the last 90 days, 24 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the office spaces in the Northbrook are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,920 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1977.
Real time and historical data on commercial real estate listings in Northbrook.
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