The typical asking rate per listing is in the $20's per square foot per year. The Bannockburn submarket is going through a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 18% decline in rent.
Compared to the rest of the Chicagoland market, the Bannockburn submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 3 listings have been listed, which means listings might be 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 4,560 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 1998 and are Class A.