Most listings are in the $20's per square foot per year. The Far South Chicago submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $26 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Chicagoland market, the Far South Chicago submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 10 listings have been posted online, which means spaces 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 1,440 sqft. Most properties in this region are approximately 1 stories. Most buildings in this region were built in 1961 and are Class B.