On average, listings lease in the $20's per square foot per year. The Palos Heights region is experiencing a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 17% rise in rent.
Compared to the rest of the Chicagoland market, the Palos Heights region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 3 listings have come on the market, which means new availabilities 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 posted, so finding a space for a small business might be tough.
Even though the median size is 6,500 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 1 stories. Most buildings in this market were built in 1969 and are Class B.