On average, listings lease in the $10's per square foot per year. The Sycamore submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 20% decrease in rent.
Compared to the rest of the Chicagoland market, the Sycamore submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 16 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 5,950 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1960 and are Class Class A.