The typical asking rate per listing is in the $20's per square foot per year. The Arlington Heights region is going through a decline in rates. In the last 3 months, the median rate decreased $17 per sqft per year. That's a 43% decline in rent.
Compared to the rest of the Chicagoland market, the Arlington Heights submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 35 listings have been made available, 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,980 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this market were built in 1985 and are Class B.