The typical asking rate per listing is in the $10's per square foot per year. The Back of the Yards region is seeing a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.
Compared to the rest of the Chicagoland market, the Back of the Yards submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 0 listings have been made available, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About NaN% of the listings in the Back of the Yards are subleases, so you will probably have to consider a longer term lease. 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 2,200 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 1950.