On average, listings lease in the $10's per square foot per year. The Palos Hills submarket is going through a decrease in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 35% decline in rent.
Compared to the rest of the Chicagoland market, the Palos Hills submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 400% of the listings in the Palos Hills 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,500 sqft. Most properties in this area are approximately 1 floors. Most buildings in this area were built in 1982 and are Class B.