On average, listings lease in the $20's per square foot per year. The Bannockburn submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 45% rise in rent.
Compared to the rest of the Chicagoland market, the Bannockburn submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have been made available, which means office spaces are probably going fast. 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.
The standard measurement for office space in this area is around 2,130 sqft. Most buildings in this area are close to 3 floors. Most buildings in this market were built in 1998 and are Class A.