The typical asking rate per listing is in the $20's per square foot per year. The Arlington Heights submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decline in rent.
Compared to the rest of the Chicagoland market, the Arlington Heights region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 32 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,980 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this region were built in 1985 and are Class B.