On average, listings lease in the $20's per square foot per year. The Northwest Side submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 11% rise in rent.
Compared to the rest of the Chicagoland market, the Northwest Side region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 65 listings have been listed, so you'll want to check back regularly for new listings. About 102% of the office spaces in the Northwest Side are subleases, so you might be able to snag a great spot on a short term. 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 3,120 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1950 and are Class B.