On average, listings lease in the $30's per square foot per year. The Logan Square submarket is going through a an increase in rates. In the last 3 months, the median rate increased $33 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Chicagoland market, the Logan Square submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 4 listings have been made available, which means new availabilities are probably 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.
Even though the median size is 12,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 1917 and are Class C.