Vernon Hills Office Space

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: June 27, 2017

Vernon Hills Rates

The typical asking rate per listing is in the $10's per square foot per year. The Vernon Hills submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $18 per sqft per year.

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

Vernon Hills Listing Supply

In the last 90 days, 3 listings have come on the market, which means new availabilities are probably 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 snag a great spot on a short term. 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 new availabilities below 2,000 sqft. Most properties in this region are close to 1 floors. 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