Itasca Retail

Itasca

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,870
As of: May 20, 2017

Itasca Rates

Most listings are in the $20's per square foot per year. The Itasca submarket is going through a a boost in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 29% rise in rent.

Compared to the rest of the Chicagoland market, the Itasca region has lower rates, so you should have no trouble finding a great deal in this discounted region.

Itasca Listing Supply

In the last 90 days, 15 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 13% of the office spaces in the Itasca are subleases, so you might be able to find a shorter term or below market rent. 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 3,870 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1987 and are Class A.

Itasca Community

Market Report

Trends and status of the commercial real estate market in Itasca.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Itasca.
Research

Itasca Submarkets