On average, listings lease in the $30's per square foot per year. The North Side region is experiencing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 16% increase in rent.
Compared to the rest of the Chicagoland market, the North Side submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 39 listings have been listed, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 1,580 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1958 and are Class B.