Most listings are in the $20's per square foot per year. The Lake Forest submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Chicagoland market, the Lake Forest region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 14 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 7% of the available space in the Lake Forest 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 on the market, 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 market are around 2 floors. Most buildings in this market were built in 2001 and are Class A.