Home Legal Projects Illinois Draft a Commercial Lease in Illinois | 3 Proposals

How a Commercial Real Estate Business Hired a Lawyer to Draft a Commercial Lease in Illinois (January 2022)

See real project results from ContractsCounsel's legal marketplace — this January 2022 project was posted by a Commercial Real Estate business in Illinois seeking help to draft a Commercial Lease. The client received 3 lawyer proposals with flat fee bids ranging from $350 to $3,000.

Service type
Draft
Document type
Commercial Lease
Location
Illinois
Client type
Business
Client industry
Commercial Real Estate
Deadline
Less than a week
Pricing Range
$350 - $3,000 (Flat fee)
Number of Bids
3 bids

How much does it cost to Draft a Commercial Lease in Illinois?

For this project, the client received 3 proposals from lawyers to draft a Commercial Lease in Illinois, with flat fee bids ranging from $350 to $3,000 on a flat fee. Pricing may vary based on the complexity of the legal terms, the type of service requested, and the required turnaround time.

Project Description

In 2022, a business in Illinois sought assistance with drafting a commercial lease for their smoke shop, specifically a triple net lease. The client needed expert guidance to negotiate favorable terms that would support their operational goals and ensure a solid foundation for their business. Understanding the complexities involved in commercial real estate transactions, the client prioritized finding a reliable legal partner to navigate the lease agreement effectively. As a result, the client received three proposals from licensed attorneys, with flat fee bids ranging from $350 to $3,000, all submitted to meet the tight deadline of less than one week.

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Lawyers that Bid on this Commercial Lease Project

Attorney

(5)

30 years practicing

Free consultation

Commercial Lease
Get Free Proposal
$350/h

Attorney

(62)

19 years practicing

Free consultation

Commercial Lease
Get Free Proposal
$350/h

Attorney

(26)

16 years practicing

Free consultation

Commercial Lease
Get Free Proposal
$305/h

Other Lawyers that Help with Illinois Projects

Solo Practioner

(1)

45 years practicing

Free consultation

Get Free Proposal
$400/h

Litigation and Contract Attorney

(1)

8 years practicing

Free consultation

Get Free Proposal
$200/h

contracts lawyer and websites

(18)

19 years practicing

Free consultation

Get Free Proposal
$250/h

Managing Attorney

(1)

22 years practicing

Free consultation

Get Free Proposal
$325/h

Other Lawyers that Help with Commercial Lease Projects

Attorney

(3)

10 years practicing

Free consultation

Commercial Lease
Get Free Proposal
$250/h

Attorney

(36)

15 years practicing

Free consultation

Commercial Lease
Get Free Proposal
$130/h

Contract, M&A, E-Commerce Attorney; Contract Dispute and Dispute Resolution Specialists

(61)

26 years practicing

Free consultation

Commercial Lease
Get Free Proposal
$650/h

Principal Attorney and Founder

(17)

22 years practicing

Free consultation

Commercial Lease
Get Free Proposal
$200/h

Other Commercial Lease Postings

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Forum Questions About Commercial Lease

Commercial Lease

Ohio

Asked on Jan 14, 2025

Can a landlord terminate a commercial lease early?

I have been running a small retail business for the past two years in a commercial space rented under a 5-year lease agreement. However, due to unforeseen financial difficulties, my business is struggling to stay afloat and I may need to close down. I have heard rumors that my landlord has the right to terminate the lease early, and I want to know if this is true and what my options are in such a situation.

Michelle M.

Answered Jan 26, 2025

The answer to your question is contained in the lease. All rights and obligations of parties to a commercial lease are controlled by and provided for within the lease. If your lease provides for early termination by the landlord, then the landlord can exercise that option. If it doesn't provide for early termination and you are in compliance with the lease, then they can't terminate early (at least not without your consent). You should retain a local attorney who can review the lease and provide advice concerning your specific situation. Best of luck!

Read 1 attorney answer>

Commercial Lease

Maryland

Asked on Apr 27, 2023

What are the notice requirements for terminating the lease?

I am a business owner who recently signed a commercial lease for a property. I am looking to terminate the lease but am unsure of the notice requirements I must adhere to in order to do so. I would like to know what the notice requirements are for terminating the lease so that I can ensure I do not breach the terms of the lease.

Michael C.

Answered Jun 1, 2023

The notice requirements for terminating a commercial lease in Maryland are going to vary depending on the specific terms of your lease agreement. Please read and refer to your lease. If your lease is month to month, then it's likely you'll have to provide at least 30 days notice. If your lease is for a longer term (6 to 12 months), it's likely you'll have to provide at least 90 days notice, and may need to pay damages for breach of the lease agreement.

Read 1 attorney answer>

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