South Itasca Retail

South Itasca

Office Space Market Report

Number of Listings (last 90 days)
32
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
8,070
As of: August 22, 2017

South Itasca Rates

The typical asking rate per listing is in the $10's per square foot per year. The South Itasca region is going through a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year.

Compared to the rest of the Chicagoland market, the South Itasca submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

South Itasca Listing Supply

In the last 90 days, 7 listings have been listed, which means listings might be 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 available, so finding a space for a small business might be tough.

Even though the median size is 8,070 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 1996 and are Class B.

South Itasca Community

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 region. Commute by public transit is the most popular way to get to work amongst South Itasca residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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

Itasca Submarkets