North Itasca Sublease

North Itasca

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,870
As of: May 20, 2017

North Itasca Rates

The typical asking rate per listing is in the $20's per square foot per year. The North Itasca submarket is going through a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 26% decrease in rent.

Compared to the rest of the Chicagoland market, the North Itasca region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

North Itasca Listing Supply

In the last 90 days, 8 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the listings in the North Itasca are subleases, so you might be able to snag a great spot on a short term. 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 new listings below 2,000 sqft. Most properties in this region are around 4 floors. Most buildings in this area were built in 1986 and are Class A.

North Itasca Community

A large portion of this market is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst North Itasca folk. Commuting between 30 and 45 minutes 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 North Itasca.
Market Report

Market Data

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

Itasca Submarkets