The typical asking rate per listing is in the $20's per square foot per year. The Oakbrook Terrace submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Chicagoland market, the Oakbrook Terrace region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 14 listings have been listed, which means new availabilities might be 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,910 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 5 floors. Most buildings in this area were built in 1985 and are Class A.