On average, listings lease in the $10's per square foot per year. The Libertyville region is experiencing a an increase in rates. In the last 3 months, the median rate increased $19 per sqft per year.
Compared to the rest of the Chicagoland market, the Libertyville region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 4 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. 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 77,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this region were built in 1997 and are Class A.