On average, listings lease in the $10's per square foot per year. The Morton submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.
In the last 90 days, 18 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 28% of the office spaces in the Morton are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,980 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this market were built in 1980 and are Class C.