On average, listings lease in the $10's per square foot per year. The Hoffman Estates region is going through a decline in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 42% decline in rent.
Compared to the rest of the Chicagoland market, the Hoffman Estates region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 30 listings have come on the market, which means listings 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 5,420 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1996 and are Class A.