Norridge, IL Manufacturing Properties for Lease
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Norridge, IL Manufacturing properties Lease Rates & Market Statistics
Explore 31 Manufacturing properties for lease in Norridge, IL on Realmo, a commercial real estate exchange covering the Norridge area. The current inventory totals 1,745,533 square feet of properties — an average of ~56,300 SF per listing.
Manufacturing properties lease rates in Norridge range from $9.50 SF/Yr at the entry level to $20 SF/Yr at the top of the market, averaging $13.88 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $13.88 SF/Yr, the local average runs 20% above Illinois's state average of $11.58 SF/Yr.
Manufacturing properties make up 13% of the 248 Industrial properties currently for lease in Norridge, with asking rates averaging $13.88 SF/Yr — 13% below the citywide Industrial properties average of $15.98 SF/Yr. Tenants comparing options may also consider Flex space (128 listings) and Other industrial properties (62 listings) elsewhere in the Norridge market.