On average, listings lease in the $20's per square foot per year. The North Side region is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Chicagoland market, the North Side region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 48 listings have been made available, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,770 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1957 and are Class B.