The typical asking rate per listing is in the $10's per square foot per year. The Hoffman Estates submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $12 per sqft per year. That's a 42% decline in rent.
Compared to the rest of the Chicagoland market, the Hoffman Estates region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 33 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 5,420 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1996 and are Class A.