The typical asking rate per listing is in the $10's per square foot per year. The Oak Lawn submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 22% decline in rent.
Compared to the rest of the Chicagoland market, the Oak Lawn region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 2 listings have come on the market, which means leases are probably 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,010 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1975 and are Class C.