On average, listings lease in the $10's per square foot per year. The Sycamore submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 20% decline in rent.
Compared to the rest of the Chicagoland market, the Sycamore submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 16 listings have come on the market, which means listings are probably going fast. 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 2,870 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 1960 and are Class Class A.