On average, listings lease in the $30's per square foot per year. The North Side submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Chicagoland market, the North Side region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 39 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,150 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 1958 and are Class B.