Vernon Hills, IL Industrial Properties for Lease
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Industrial properties for Lease in Nearby Cities
Similar Spaces for Sale in Vernon Hills, IL
Vernon Hills, IL Industrial properties Lease Rates & Market Statistics
Explore 12 Industrial properties for lease in Vernon Hills, IL on Realmo, a commercial real estate exchange covering the Vernon Hills area. The current inventory totals 119,015 square feet of properties — an average of ~9,900 SF per listing.
Asking lease rates for Industrial properties in Vernon Hills start at $8 SF/Yr, average $13 SF/Yr, and reach $18 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $13 SF/Yr is 7% below the Illinois state average of $13 SF/Yr.
Vernon Hills accounts for 15% of the 81 industrial properties currently available across Lake County, where nearby markets include Waukegan and Buffalo Grove. By space type, the market includes 7 flex space listings and 3 manufacturing properties — manufacturing properties typically offer the lowest entry point, while flex space commands the highest rates.
