The typical asking rate per listing is in the $10's per square foot per year. The South Side region is going through a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 32% decrease in rent.
In the last 90 days, 8 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,300 sqft. Most properties in this area are approximately 3 floors. Most buildings in this area were built in 2000.
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 area. Commute by bike is the most popular way to get to work amongst South Side folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.