The typical asking rate per listing is in the $20's per square foot per year. The Arlington Heights submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 38% increase in rent.
Compared to the rest of the Chicagoland market, the Arlington Heights region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 49 listings have been posted online, so you'll want to check back regularly for new listings. 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 1,540 sqft. Most properties in this market are close to 1 floors. Most buildings in this area were built in 1984 and are Class A.