Vernon Hills Sublease

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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 23, 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 going through a a rise in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 2% increase 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 undervalued submarket.

Vernon Hills Listing Supply

In the last 90 days, 3 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,650 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market 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