Most listings are in the $40's per square foot per year. The Highland Park submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $48 per sqft per year.
Compared to the rest of the Chicagoland market, the Highland Park region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 8 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 38% of the office spaces in the Highland Park are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 6,170 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1988 and are Class A.