On average, listings lease in the $10's per square foot per year. The Lake in the Hills submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 31% decline in rent.
Compared to the rest of the Chicagoland market, the Lake in the Hills region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 59 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the available leases in the Lake in the Hills are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,200 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1996 and are Class A.
Real time and historical data on commercial real estate listings in Lake in the Hills.
Get email notifications when new listings are posted that match your requirements.