On average, listings lease in the $10's per square foot per year. The Oakbrook Terrace submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 24% decline in rent.
Compared to the rest of the Chicagoland market, the Oakbrook Terrace region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 38 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 4,410 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this market were built in 1985 and are Class A.