On average, listings lease in the $10's per square foot per year. The South Side region is experiencing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.
Compared to the rest of the Chicagoland market, the South Side submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 4 listings have been made available, which means spaces might be 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.
Even though the median size is 12,260 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1929 and are Class B.