The typical asking rate per listing is in the $10's per square foot per year. The Niles region is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decline in rent.
Compared to the rest of the Chicagoland market, the Niles region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 5 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,950 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1957 and are Class C.