The typical asking rate per listing is in the $280's per square foot per year. The Libertyville region is seeing a a rise in rates. In the last 3 months, the median rate rose $284 per sqft per year.
Compared to the rest of the Chicagoland market, the Libertyville submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 3 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 667% of the available leases in the Libertyville are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 920 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 1990 and are Class B.