Compared to the rest of the Chicagoland market, the Near North Side submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 140 listings have been listed, so you'll want to check back regularly for new listings. About 47% of the listings in the Near North Side 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.
Even though the median size is 2,630 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 5 stories. Most buildings in this area were built in 1926 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Near North Side folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.