Most listings are in the $10's per square foot per year. The Galewood submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year.
Compared to the rest of the Chicagoland market, the Galewood region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 1 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 300% of the listings in the Galewood are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,400 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Galewood residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.