On average, listings lease in the $10's per square foot per year. The South Itasca submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year.
Compared to the rest of the Chicagoland market, the South Itasca region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 7 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 8,070 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 1 floors. Most buildings in this market were built in 1996 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst South Itasca folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.