The typical asking rate per listing is in the $0's per square foot per year. The Grant Park submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $50 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 26 listings have been posted online, which means listings most likley are going fast. 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 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1967 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Grant Park occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.