Norwood Park, IL Flex Space for Lease
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Norwood Park, IL Flex space Lease Rates & Market Statistics
Explore 128 Flex space listings for lease in Norwood Park, IL on Realmo, a commercial real estate exchange covering the Norwood Park area. The current inventory totals 1,861,364 square feet of properties — an average of ~14,550 SF per listing.
Flex space lease rates in Norwood Park range from $8 SF/Yr at the entry level to $33 SF/Yr at the top of the market, averaging $18.68 SF/Yr. That's a 4x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $18.68 SF/Yr, the local average runs 27% above Illinois's state average of $14.73 SF/Yr.
Flex space listings make up 53% of the 242 Industrial properties currently for lease in Norwood Park, with asking rates averaging $18.68 SF/Yr — 11% above the citywide Industrial properties average of $16.83 SF/Yr. Tenants comparing options may also consider Other industrial properties (58 listings) and Manufacturing properties (31 listings) elsewhere in the Norwood Park market.
