The typical asking rate per listing is in the $40's per square foot per year. The Logan Square submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $13 per sqft per year. That's a 40% rise in rent.
Compared to the rest of the Chicagoland market, the Logan Square submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 3 listings have been posted online, which means leases might be 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,340 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 1917 and are Class C.