The typical asking rate per listing is in the $10's per square foot per year. The Vernon Hills region is experiencing a a boost in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the Chicagoland market, the Vernon Hills region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 88 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the listings in the Vernon Hills are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 22,370 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this area were built in 1990 and are Class B.
Real time and historical data on commercial real estate listings in Vernon Hills.
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