On average, listings lease in the $10's per square foot per year. The Wheeling submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the Chicagoland market, the Wheeling submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 8 listings have come on the market, which means spaces might be 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 6,970 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this region were built in 1981 and are Class B.