Itasca Office Space

Itasca

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,870
As of: June 23, 2017

Itasca Rates

The typical asking rate per listing is in the $20's per square foot per year. The Itasca region is seeing a a rise in rates. In the last 3 months, the median rate rose $20 per sqft per year.

Compared to the rest of the Chicagoland market, the Itasca submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Itasca Listing Supply

In the last 90 days, 15 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 593% of the listings in the Itasca 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 3,870 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this area were built in 1987 and are Class A.

Itasca Community

Market Report

Trends and status of the commercial real estate market in Itasca.
Market Report

Market Data

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

Itasca Submarkets