The typical asking rate per listing is in the $20's per square foot per year. The Westchester submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 30% decline in rent.
Compared to the rest of the Chicagoland market, the Westchester submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 55 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available space in the Westchester are subleases, so you will probably have to focus your search on direct office leases. 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 2,890 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1986 and are Class A.