Most listings are in the $10's per square foot per year. The South Side submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 20% decrease in rent.
In the last 90 days, 6 listings have been listed, which means new availabilities might be going fast. 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 5,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 1 stories. Most buildings in this region were built in 1967 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst South Side occupants. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.