Most listings are in the $20's per square foot per year. The North Itasca submarket is going through a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 26% decline in rent.
Compared to the rest of the Chicagoland market, the North Itasca region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 8 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the office spaces in the North Itasca are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,870 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 4 stories. Most buildings in this region were built in 1986 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Construction is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst North Itasca residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.