Lake Forest Office Space

Lake Forest

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
42,720
As of: May 18, 2017

Lake Forest Rates

On average, listings lease in the $20's per square foot per year. The Lake Forest submarket is going through a decrease in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 28% decrease in rent.

Compared to the rest of the Chicagoland market, the Lake Forest region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Lake Forest Listing Supply

In the last 90 days, 14 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 42,720 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this region were built in 2001 and are Class A.

Lake Forest Community

Market Report

Trends and status of the commercial real estate market in Lake Forest.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lake Forest.
Research

Lake Forest Submarkets