On average, listings lease in the $10's per square foot per year. The South Itasca region is experiencing a a rise in rates. In the last 3 months, the median rate rose $16 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Chicagoland market, the South Itasca region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 7 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 9,780 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this region were built in 1995 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst South Itasca folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.