On average, listings lease in the $20's per square foot per year. The Lake Forest region is experiencing a an increase in rates. In the last 3 months, the median rate went up $26 per sqft per year.
Compared to the rest of the Chicagoland market, the Lake Forest region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 46 listings have been listed, so you'll want to check back regularly for new listings. 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 34,440 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 2001 and are Class A.
Real time and historical data on commercial real estate listings in Lake Forest.
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