Vernon Hills Industrial

Vernon Hills

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,650
As of: July 21, 2017

Vernon Hills Rates

On average, listings lease 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 smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Vernon Hills Listing Supply

In the last 90 days, 3 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 267% of the listings in the Vernon Hills are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,650 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 1 stories. Most buildings in this region were built in 1990 and are Class B.

Vernon Hills Community

Market Report

Trends and status of the commercial real estate market in Vernon Hills.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Vernon Hills.
Research