On average, listings lease in the $20's per square foot per year. The Bannockburn submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 18% decrease in rent.
Compared to the rest of the Chicagoland market, the Bannockburn region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 3 listings have been made available, which means spaces are probably going fast. 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 4,560 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this region were built in 1998 and are Class A.