On average, listings lease in the $30's per square foot per year. The South Side submarket is going through a a rise in rates. In the last 3 months, the median rate rose $13 per sqft per year. That's a 67% rise in rent.
Compared to the rest of the Chicagoland market, the South Side submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 4 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,580 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1929 and are Class B.