The typical asking rate per listing is in the $20's per square foot per year. The Andersonville submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $32 per sqft per year. That's a 57% decrease in rent.
Compared to the rest of the Chicagoland market, the Andersonville region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 2 listings have been made available, which means office spaces are probably 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.
The standard measurement for office space in this area is around 1,200 sqft.
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 region. Commute by bike is the most popular way to get to work amongst Andersonville residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.