Most listings are in the $10's per square foot per year. The Elgin submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 36% increase in rent.
Compared to the rest of the Chicagoland market, the Elgin region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 48 listings have been listed, so you'll want to check back regularly for new listings. About 54% of the available space in the Elgin 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,040 sqft. Most properties in this area are around 1 stories. Most buildings in this area were built in 1998 and are Class B.