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, Vernon Hills, Buffalo Grove, Arlington Heights, and the North Shore. 100% commercial. No residential.
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.
Selected Lake County–area transactions
A sample of recent commercial assignments across the county and the North Shore — sales and leasing, multiple asset classes, real outcomes.
310 Melvin Drive, Northbrook
38,534 SF net rentable across 22 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.
Retail on 2 Acres, Long Grove
Freestanding retail building on two acres, marketed and leased in a thin-demand submarket where the right tenant match — not just exposure — closed the deal.
143 N Seymour Ave, Mundelein
Landlord representation on the downtown Mundelein corridor — storefront leased to a service tenant on terms structured to protect the owner’s income.
| Status | Type | Address | City |
|---|---|---|---|
| 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 |
| Sold | Retail | 4156 Old Grand Ave | Gurnee |
| Leased | Retail | 750 Bunker Ct | Vernon Hills |
| Sold | Office | 106 S Wynstone Park Dr, 5B | North Barrington |
| Sold | Office | 299 Peterson Rd, #5 | Libertyville |
| Leased | Office | 28085 N Ashley Cir, Ste 201 | Libertyville |
| 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 Seymour Ave
900 S Milwaukee Ave
Rollins Rd & Cedar Lake Rd
301 Peterson Rd
1881 Industrial Dr
0 Brookside Ave
Beyond the county line, Jason is also representing 7701–7757 W Lawrence Ave, Norridge — a $4,900,000 retail + multifamily mixed-use investment. All properties for sale → · All spaces for lease →
Every commercial asset class — one broker
From a single-tenant net-lease investment to a multi-acre industrial site, Jason represents buyers, sellers, landlords, and tenants across all seven commercial categories.
Retail
Strip centers, single-tenant pads, restaurant and storefront leasing — priced on traffic counts, co-tenancy, and trade-area demographics. Landlord and tenant representation.
Industrial
Warehouse, flex, and distribution — underwritten on clear height, dock-to-drive-in ratio, power, and yard. Sales and leasing. See the industrial specialty →
Office
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.
Multifamily
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
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 Investment
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.
Land & Development
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.
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, warehouse and light-industrial space typically leases between $6 and $18 per square foot gross — an all-in rate where property taxes, insurance, and CAM are built into the rent rather than billed on top. 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.
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 →
Commercial real estate across Lake County & the North Shore
Dedicated market pages for Libertyville, Vernon Hills, Buffalo Grove, Arlington Heights, Barrington, and more. Explore the page for your town:
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.”
“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. I’m very happy with how Jason handled 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 Shore, and the O’Hare corridor.
Lake County commercial broker — FAQ
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Work With Lake County’s #1 RE/MAX Commercial Broker
Selling, leasing, or acquiring — start with a confidential, no-obligation read on your asset. No sign in the yard, no listing on the internet, until you say so.