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)
34,440
As of: June 28, 2017

Lake Forest Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lake Forest region is going through 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 greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Lake Forest Listing Supply

In the last 90 days, 14 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 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 new listings below 2,000 sqft. Most properties in this region are around 2 floors. 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