On average, listings lease in the $20's per square foot per year. The Wood Dale region is experiencing a an increase in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 60% rise in rent.
Compared to the rest of the Chicagoland market, the Wood Dale submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 8 listings have been made available, which means new listings 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 available, so finding a space for a small business might be tough.
Even though the median size is 7,390 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this region were built in 1987 and are Class A.