On average, listings lease in the $20's per square foot per year. The Lincoln Square region is going through a a rise in rates. In the last 3 months, the median rate increased $28 per sqft per year.
Compared to the rest of the Gold Coast market, the Lincoln Square region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 15 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,130 sqft. Most properties in this area are close to 5 floors. Most buildings in this market were built in 1980 and are Class B.
Public administration is the dominant industry in this area. Most of the residents of Lincoln Square work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.