Itasca Sublease

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 28, 2017

Itasca Rates

On average, listings lease in the $20's per square foot per year. The Itasca region is seeing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 29% increase 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 depreciated region.

Itasca Listing Supply

In the last 90 days, 15 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 13% of the available leases 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,870 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market 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