On average, listings lease in the $20's per square foot per year. The Northbrook submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decrease in rent.
Compared to the rest of the Chicagoland market, the Northbrook submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 30 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,570 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 4 floors. Most buildings in this region were built in 1980 and are Class A.