On average, listings lease in the $10's per square foot per year. The Little Village region is going through a a rise in rates. In the last 3 months, the median rate went up $16 per sqft per year.
Compared to the rest of the Chicagoland market, the Little Village region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 4 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the office spaces in the Little Village 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,060 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1937 and are Class C.
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 region. Most of the folk of Little Village work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.