Most listings are in the $30's per square foot per year. The Far South Chicago region is seeing a a rise in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 41% rise in rent.
Compared to the rest of the Chicagoland market, the Far South Chicago submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 8 listings have been listed, which means new availabilities 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 370 sqft. Most buildings in this area are around 1 floors. Most buildings in this region were built in 1960 and are Class B.