On average, listings lease in the $10's per square foot per year. The Buffalo Grove submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $17 per sqft per year.
Compared to the rest of the Chicagoland market, the Buffalo Grove submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 10 listings have been made available, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 540% of the available space in the Buffalo Grove 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,570 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this area were built in 1989 and are Class A.