The typical asking rate per listing is in the $10's per square foot per year. The North Itasca submarket is experiencing 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 undervalued submarket.
In the last 90 days, 24 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 15,250 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 4 stories. Most buildings in this market were built in 1986 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Construction is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst North Itasca occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.