The typical asking rate per listing is in the $10's per square foot per year. The Mount Prospect submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $17 per sqft per year.
Compared to the rest of the Chicagoland market, the Mount Prospect region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 35 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 49% of the listings in the Mount Prospect are subleases, so you might be able to find a shorter term or below market rent. 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 11,170 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this region were built in 1986 and are Class A.