On average, listings lease in the $10's per square foot per year. The Lincolnwood submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.
Compared to the rest of the Chicagoland market, the Lincolnwood submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 13 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 15% of the available space in the Lincolnwood are subleases, so you might be able to find a shorter term or below market rent. 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 700 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 1961 and are Class B.