The typical asking rate per listing is in the $30's per square foot per year. The Bannockburn submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $15 per sqft per year. That's a 74% rise in rent.
Compared to the rest of the Chicagoland market, the Bannockburn submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 1 listings have been made available, which means new listings might be 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.
The standard measurement for office space in this area is around 2,130 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 1998 and are Class A.