On average, listings lease in the $10's per square foot per year. The Galewood region is seeing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.
Compared to the rest of the Chicagoland market, the Galewood submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, 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 properties in this area are close to 2 floors. 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 market. Commute by public transit is the most popular way to get to work amongst Galewood folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.