On average, listings lease in the $10's per square foot per year. The Elk Grove Village region is experiencing a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year.
Compared to the rest of the Chicagoland market, the Elk Grove Village submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 24 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 117% of the office spaces in the Elk Grove Village are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,140 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this region were built in 1979 and are Class B.