The typical asking rate per listing is in the $10's per square foot per year. The North Itasca submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 33% decrease in rent.
Compared to the rest of the Chicagoland market, the North Itasca submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 19 listings have been listed, which means office spaces are probably 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 15,250 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 4 stories. Most buildings in this area were built in 1986 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Construction is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst North Itasca folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.