On average, listings lease in the $30's per square foot per year. The North Side submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 26% rise in rent.
Compared to the rest of the Chicagoland market, the North Side submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 39 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. 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 1,800 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1958 and are Class B.