The typical asking rate per listing is in the $30's per square foot per year. The Highland Park region is going through a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 33% decline in rent.
Compared to the rest of the Chicagoland market, the Highland Park region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 8 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 88% of the available leases in the Highland Park are subleases, so you might be able to find a shorter term or below market rent. 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 1,720 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1988 and are Class A.