On average, listings lease in the $20's per square foot per year. The Lincoln Square region is going through a a boost in rates. In the last 3 months, the median rate increased $28 per sqft per year.
Compared to the rest of the Gold Coast market, the Lincoln Square submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 15 listings have been listed, which means new availabilities 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,130 sqft. Most properties in this market are close to 5 stories. Most buildings in this area were built in 1980 and are Class B.
Public administration is the dominant industry in this area. Most of the folk of Lincoln Square work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.