The typical asking rate per listing is in the $20's per square foot per year. The Highland Park region is going through a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the Chicagoland market, the Highland Park region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 11 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 18% of the listings in the Highland Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,550 sqft. Most buildings in this market are close to 3 floors. Most buildings in this area were built in 1988 and are Class A.