The typical asking rate per listing is in the $10's per square foot per year. The South Side submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 32% decrease in rent.
In the last 90 days, 8 listings have been listed, which means office spaces 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,300 sqft. Most properties in this area are around 3 floors. Most buildings in this region were built in 2000.
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 bike is the most popular way to get to work amongst South Side folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.