The typical asking rate per listing is in the $20's per square foot per year. The Old Irving Park submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decline in rent.
In the last 90 days, 17 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 29% of the available leases in the Old Irving Park are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,060 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the residents of Old Irving Park work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.