The typical asking rate per listing is in the $20's per square foot per year. The Northwest Side submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $26 per sqft per year.
Compared to the rest of the Chicagoland market, the Northwest Side submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 65 listings have been made available, so you'll want to check back regularly for new listings. About 112% of the listings in the Northwest Side 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.
Even though the median size is 3,120 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1950 and are Class B.