Lake County’s #1 RE/MAX Commercial Real Estate Broker
Selling, leasing, or buying commercial property in Lake County, IL? Jason Bitton is the #1 RE/MAX Commercial broker in Illinois (2022, 2024, 2025) and a leading Lake County commercial real estate broker — handling retail, industrial, office, multifamily, mixed-use, NNN investment, and land across Libertyville, Mundelein, Buffalo Grove, Barrington, Gurnee, Grayslake, and Waukegan. 100% commercial. No residential.
Have space to lease instead? Lease out my building →
Who is the best commercial real estate broker in Lake County?
For Lake County commercial property, Jason Bitton of RE/MAX Commercial is a top choice. He was named the #1 RE/MAX Commercial broker in Illinois three times — 2022, 2024, and 2025 — and inducted into the RE/MAX Hall of Fame in 2025. Unlike firms built around a single asset class, Jason works the full commercial spectrum and closes deals across the county, from Libertyville and Vernon Hills to Buffalo Grove and Arlington Heights.
Jason is an individual top-producing broker, not a name on a roster — one accountable expert pricing your asset correctly, marketing it to the right buyers and tenants, and negotiating the terms that protect your position. That ranking is earned on results: Jason placed #1 by commercial production — measured by commissions earned — among RE/MAX brokers in Illinois in 2022, 2024, and 2025. It reflects closed-deal performance, not roster size or advertising spend.
#1 in Lake County retail sales for sellers in 2024. In CoStar sale records, Jason was the listing agent on more Lake County retail sales that closed in 2024 than any other agent — and across 2024 and 2025, he listed the most Lake County retail sales under $1 million. Each of these sales is on his Sold & Leased ledger.
Ranked by number of sales as listing agent, among the listing agents named in CoStar sale records for Lake County (our analysis of records downloaded September 10, 2026). Retail is as CoStar classifies it; the under-$1 million count uses disclosed prices. Sales with no named listing agent are not counted.
Jason works for sellers: as of September 22, 2026, he represented the seller in more than 80% of the sales on his public Sold & Leased ledger, including sales where he represented both sides.
Selected Lake County–area transactions
A sample of recent commercial assignments across the county and the north and northwest suburbs — sales and leasing, multiple asset classes, real outcomes.
310–340 Melvin Dr, Northbrook
38,534 SF net rentable across 25 flex/warehouse-office units on 3.37 acres (I-1), with a 140′×140′ outdoor storage yard. Represented the seller; vacant units leased up at $12/SF.
Industrial on 2 Acres, Long Grove
A former RV dealership and rental site on two acres, marketed and leased for semi-truck storage and repair in a thin-demand submarket where the right tenant match — not just exposure — closed the deal.
126 W Maple Ave, Mundelein
Multi-family investment sale in Mundelein, closed May 2025. Jason represented both sides — the rarer assignment, where one broker has to hold the number honest for buyer and seller at once.
| Status | Type | Address | City |
|---|---|---|---|
| Sold | Retail | 277–279 Peterson Rd | Libertyville |
| Sold | Retail | 283 Peterson Rd | Libertyville |
| Sold | Retail | 287–289 Peterson Rd | Libertyville |
| Sold | Retail | 295 Peterson Rd | Libertyville |
| Sold | Retail | 297 Peterson Rd | Libertyville |
| Leased | Retail | 750 Bunker Ct | Vernon Hills |
| Sold | Office | 106 S Wynstone Park Dr, 5B | North Barrington |
| Sold | Office | 299 Peterson Rd, #5 | Libertyville |
| Sold | Office | 1880 W Winchester Rd, Ste 204 | Libertyville |
| Sold | Office | 4156 Old Grand Ave | Gurnee |
| Leased | Office | 28085 N Ashley Cir, Ste 201 | Green Oaks |
| Leased | Industrial | 25514 IL-83, Unit B | Long Grove |
| Sold | Multifamily | 126 W Maple Ave | Mundelein |
| Sold | Commercial | 110–114 E Main St | Barrington |
| Sold | Commercial | 708 W Rollins Rd | Round Lake Heights |
| Sold | Commercial | 1014 Progress Dr | Grayslake |
One Libertyville complex, sold to a remarkably diverse owner-user mix
Across a cluster of commercial units on Peterson Road, Jason represented sellers, buyers, and an investor — placing the space with an unusually varied set of owners and tenants. Those units went on to house a law office, a veterinary clinic, a skincare studio, a sleep-study center, and an oxtail meat market. On the meat-market deal he brought the buyer himself and marketed the opening across social media — the kind of hands-on, deal-by-deal work that turns a building full of vacancy into a fully tenanted, diverse asset.
Active Lake County commercial inventory — every major product type
From Barrington retail investments to Libertyville industrial space and Vernon Hills showroom buildings, Jason is actively representing commercial real estate across Lake County’s most important corridors — freestanding retail, office condos, boutique professional suites, industrial/flex warehouse, downtown outlots, development land, and QSR/drive-thru sites.
301 W Northwest Hwy
28085 N Ashley Cir, #201
355 Barron Blvd
144 N Seymour Ave
900 S Milwaukee Ave
Rollins Rd & Cedar Lake Rd
1881 Industrial Dr
Beyond the county line, Jason is also representing 7701–7757 W Lawrence Ave, Norridge — a $4,900,000 retail + multifamily mixed-use investment, now under contract. All properties for sale → · All spaces for lease →
Lake County property for sale and for lease, by type
Jason represents buyers, sellers, landlords and tenants across all seven commercial property types. For each one: how he works it, what Lake County’s own records show, and where to go next. Across all types, sellers who marketed their building reported a median of 6 months (108 sales over $1 million in the 12 months to June 30, 2026).
Industrial buildings & warehouses for sale or lease
Warehouse, flex, and distribution — underwritten on clear height, dock-to-drive-in ratio, power, and yard. Sales and leasing. Jason’s core range is 5,000 to 40,000 SF, with a sweet spot of 10,000 to 25,000 SF dock-and-drive-in buildings sold to owner-operators. See the industrial specialty →
1,480 industrial parcels with a recorded building area
Retail & storefronts for sale or lease
Strip centers, single-tenant pads, restaurant and storefront leasing — priced on traffic counts, co-tenancy, and trade-area demographics. Landlord and tenant representation.
6,287 commercial parcels with a recorded building area (the county counts office in this class too)
Office & medical office for sale or lease
Suburban office leasing and sales, medical office, and owner-user buildings — priced against today’s repriced office market with honest absorption assumptions, matched to SBA-financed owner-users.
Land & development sites for sale
Development and redevelopment sites, entitlement-aware and zoned for highest and best use — positioned with the municipality’s approval process and likely permitted uses in mind.
Multifamily for sale
Apartment and mixed-residential investment sales with real underwriting behind the price — unit-level rents, expense ratios, and reassessment exposure at sale, not a blanket gross-rent multiplier.
Mixed-use buildings for sale or lease
Combined retail/office/residential assets valued on blended income and upside — each income stream underwritten separately, with vacancy and near-term rollover priced in.
NNN investments for sale
Net-lease investment sales — cap-rate-driven, 1031-ready, with nationwide buyer reach across CoStar, LoopNet, and Crexi Pro. Tenant credit and lease structure drive value.
Sales figures come word for word from the market report on this page: arm’s-length sales only. Parcel counts: Jason Bitton RE/MAX Commercial’s database from public records, updated September 7, 2026. A parcel counts as built when the county records a building area; the county puts retail and office buildings in one commercial class, so the office card carries sales only.
Who Actually Works in Lake County
Lake County holds 328,525 jobs countywide — the daytime workforce a commercial tenant or buyer actually draws from, a different number than the residential count most listings quote.
86,142 of those jobs are industrial (26.2%) — manufacturing (55,274), wholesale trade (23,425), and transportation & warehousing (7,443). Manufacturing is the county's largest single employment sector, and the 26.2% industrial share runs well ahead of Cook County's 16.8%.
Behind that workforce: 714,223 residents in 258,455 households, with a median household income of $110,416 — well above the Cook County median of $83,498 (U.S. Census Bureau, American Community Survey 2020-2024 five-year estimates).
Source: U.S. Census Bureau, LEHD LODES8 2023 (workplace area characteristics). Figures count jobs located in Lake County, not residents. Updated annually.
What are commercial buildings selling for in Lake County?
In the 12 months to June 30, 2026, Lake County recorded 294 arm’s-length sales of office, retail, commercial and industrial property, at a median price of $1.25 million. A year earlier the median was $800,000. Among the sales that can be measured per square foot (157 this year, 164 the year before), the typical building was larger, about 6,800 square feet against 5,000, while the median price per square foot was about level: $114 against $119.
| Property type | Sales | Median price | Median price per SF | Price per SF, year before |
|---|---|---|---|---|
| Industrial | 64 | $1.68 million | $97 (32 sales) | $88 (32 sales) |
| Retail & commercial | 189 | $1.25 million | $126 (109 sales) | $152 (111 sales) |
| Office | 41 | $675,000 | $107 (16 sales) | $96 (21 sales) |
| All | 294 | $1.25 million | $114 (157 sales) | $119 (164 sales) |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|
| 81 | 67 | 65 | 83 | 73 | 78 | 67 | 76 |
How long does it take to sell a commercial building in Lake County?
About six months, when the building goes on the market: sellers who marketed their building reported a median of 6 months (108 sales over $1 million in the 12 months to June 30, 2026), and two in three sold within 6 months. Nine in ten sold within a year. About a third of the sales that reported their marketing time — 52 of 160 — reported no time on the market.
Many sales never reach the open market. Jason keeps a live board of buyers and tenants who are looking now. See who is looking → · Ask what your building would sell for →
Source: Jason Bitton RE/MAX Commercial’s database from public records: arm’s-length sales of Lake County office, retail, commercial and industrial property, dated July 1, 2025 to June 30, 2026, compared with July 1, 2024 to June 30, 2025; updated September 22, 2026. Corrected September 24, 2026: 19 sales counted in the first version, including 13 in the latest 12 months, are now excluded by an expanded screen for likely portfolio purchases. Sales are counted per transaction; one sale may cover several parcels. Price excludes personal property. Price per square foot uses single-parcel sales matched to the building area on record. Marketing time is the seller’s own estimate and is reported only on sales over $1 million (160 of the 294 sales report it). Filings can trail a sale by weeks, so the latest quarter may still rise slightly. Aggregates only. Next update: late November 2026, for sales through September 30.
What stabilized commercial property is trading at in Lake County
As of Q2 2026, stabilized commercial property in Lake County and the north suburbs runs a touch wider than the Chicago metro core — a secondary-market premium for thinner buyer pools and longer marketing times. Here’s where occupied, stabilized product trades right now, and what moves a property inside each band.
| Asset class | Typical cap range | What moves it |
|---|---|---|
| Multifamily | 6–6.5% | Class A trades tighter; Class C and value-add wider. Unit count, condition, and tax-reassessment exposure at sale are the swing factors. |
| Retail | 7–8% | Single-tenant net lease to a credit tenant trades to the low end (~6.5–7%); multi-tenant strip, weak co-tenancy, or short lease term pushes it higher. |
| Industrial | 7–8% | Modern logistics and O’Hare-corridor product trades to the low end; older, smaller, or functionally obsolete flex trades higher. Tracks the ~7.5% CBRE metro benchmark. |
| Office | 9.5%+ | Suburban multi-tenant office has repriced sharply. Medical office and credit net-lease trade tighter; vacancy and near-term rollover widen it considerably. |
Figures reflect Jason Bitton’s market read as of Q2 2026, reviewed quarterly; tenant credit, lease term, building age, and submarket move any one property within or beyond these ranges. Industrial is benchmarked to CBRE’s Q1 2026 metro figure. See the full Lake County cap-rate breakdown →
How much is warehouse space per square foot in Lake County?
In Lake County, most warehouse and light-industrial space leases for about $11 to $14 per square foot per year, all-in, meaning property taxes, insurance, and CAM are built into the rent rather than billed on top. Rents quoted on Lake County industrial spaces that leased from October 2024 to September 2026 have a median of $12.00 per square foot modified gross (35 leases; see Lake County commercial rent). Older, smaller, or low-clear buildings lease toward the low end; modern high-clear space with strong dock and drive-in loading — or office-heavy flex — leases toward the top.
What actually moves the number
- Clear height — modern tenants pay more for taller stacking.
- Loading — dock-high doors and drive-in access vs. a single overhead door.
- Power — amperage and three-phase availability for manufacturing.
- Office finish — the ratio of finished office to raw warehouse; office-heavy flex carries the top of the range.
- Submarket & access — proximity to Route 45, Route 21, and the tollway network.
Warehouse rents get quoted two ways: a gross rate is all-in; a triple-net (NNN) rate is base rent only, with the tenant paying a proportional share of taxes, insurance, and CAM on top. Put both on the same basis before you sign. Want the current rate for a specific building? Jason will pull live comps →
How do I sell an industrial building in Lake County?
Selling an industrial building in Lake County follows a proven sequence: start with a Broker Opinion of Value (BOV) to set a realistic price, then prepare and price the property, market and syndicate it across the platforms buyers actually use, qualify buyers on proof of funds before granting access, and manage due diligence through to a clean close. Jason Bitton runs this full process from his Libertyville office.
Worried about tenants or employees finding out? The process can start — and stay — confidential and off-market: a quiet opinion of value first, direct outreach to Jason’s existing network of investors and owner-users second, and public syndication only if and when you choose.
Want a number before you talk to anyone? The commercial property value estimator gives a first read from rent, taxes and size in under a minute; the confidential opinion of value replaces it with real comps.
Broker Opinion of Value (BOV)
Underwrite the building against recent sales and current listings to establish a realistic price range — the anchor for every decision that follows.
Prepare & price
Assemble the deal package — rent roll, building specs (clear height, loading, power, SF), taxes, environmental status, photography — and set an asking strategy.
Market & syndicate
Push the listing simultaneously across CoStar, LoopNet, Crexi, and the MLS, plus direct outreach to investors and owner-users. Maximum exposure creates competition.
Qualify buyers
Screen for proof of funds, financing readiness, and genuine intent before granting building access or sharing sensitive financials.
Negotiate & go under contract
Negotiate price and terms — earnest money, due-diligence period, contingencies, closing date — to a signed agreement that favors your position.
Due diligence & close
Coordinate attorney review, title, survey, inspections, environmental (Phase I if required), and lender appraisal through a clean close.
See the full Lake County industrial & warehouse practice → · Thinking about selling? Start with a no-obligation Broker Opinion of Value →
What can open in a Lake County building?
Each of the 55 cities and villages with land in Lake County writes its own zoning code, so the same business can be allowed by right in one town and need a public hearing in the next. That decides who can buy or lease a building and how they can use it. The Lake County Commercial Zoning Guide covers every city and village in the county, plus unincorporated county land: which allow car washes, day cares, gyms, restaurants and more, how special uses work, and who to call in each one; the Commercial Zoning Lookup lists the uses for each district.
Lake County Commercial Zoning Guide → · Commercial Zoning Lookup →
Why Lake County sellers hire Jason
Beyond pricing, marketing and negotiating, a seller gets the bench Jason has built over years of closings.
People and tools Jason can bring to your sale
- A tested starting point — Mainstreet commercial contract forms, reviewed and revised by many attorneys over the years, give your attorney an established starting point and can reduce drafting time.
- Flat-fee counsel — real estate counsel who works on a flat rate, when you want one.
- Fast environmental — environmental consultants who turn time-sensitive reports around quickly.
- Lenders who answer — lenders who pick up Jason’s call directly and get a buyer’s financing moving.
- Village zoning, handled — Jason works zoning and use questions directly with the village.
- Honest trades — roofers, window contractors and other trades with fair pricing, to get a building ready to sell.
- No competing portfolio — Jason doesn’t own or develop commercial property, so no building of his ever competes with yours for a buyer.
Commercial real estate across Lake County & the Northwest Suburbs
Dedicated market pages for Libertyville, Vernon Hills, Buffalo Grove, Arlington Heights, Barrington, and more. Explore the page for your town:
Across the county line: Cook County commercial real estate
Trusted by commercial owners & investors
“Jason was professional and went above and beyond helping us to sell our property. He was prompt in responding and helpful with our questions. He shows up and follows through. I recommend him for your real estate needs.”
“Jason recently sold one of my commercial condo properties. His communication is great, very responsive. Jason utilized multiple platforms to get eyes on my listing. He showed the unit a number of times — once the prospective buyer had him there for nearly an hour. I’m very happy with how Jason handled my listing and the sale of my unit!”
“Jason’s been a huge asset in our commercial real estate deals. He’s quick, professional, and detail oriented. Highly recommend him!”
Jason Bitton
Jason Bitton is a commercial-only broker based in Libertyville, ranked #1 by commercial production among RE/MAX brokers in Illinois in 2022, 2024, and 2025 and a 2025 RE/MAX Hall of Fame inductee. With more than a decade working exclusively in commercial property, he represents buyers, sellers, landlords, and tenants across retail, industrial, office, multifamily, mixed-use, NNN, and land throughout Lake County, the north and northwest suburbs, and the O’Hare corridor.
Lake County commercial broker — FAQ
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