The typical asking rate per listing is in the $10's per square foot per year. The South Side region is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decline in rent.
In the last 90 days, 25 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 148% of the listings in the South Side are subleases, so you might be able to snag a great spot on a short term. 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 1,670 sqft. Most properties in this market are around 1 floors. Most buildings in this area were built in 1925 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by car is the most popular way to get to work amongst South Side residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.