The typical asking rate per listing is in the $10's per square foot per year. The Elgin region is experiencing a a boost in rates. In the last 3 months, the median rate rose $20 per sqft per year.
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 discounted submarket.
In the last 90 days, 48 listings have been listed, so you'll want to check back regularly for new listings. About 33% of the available leases in the Elgin 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 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 890 sqft. Most buildings in this area are close to 1 floors. Most buildings in this region were built in 1998 and are Class B.