On average, listings lease in the $10's per square foot per year. The Mount Prospect submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 28% decline in rent.
Compared to the rest of the Chicagoland market, the Mount Prospect region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 18 listings have been posted online, which means leases 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 16,900 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1986 and are Class B.