Norwood Park, IL Manufacturing Properties for Lease
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Norwood Park, IL Manufacturing properties Lease Rates & Market Statistics
Explore 31 Manufacturing properties for lease in Norwood Park, IL on Realmo, a commercial real estate exchange covering the Norwood Park area. The current inventory totals 1,727,533 square feet of properties — an average of ~55,750 SF per listing.
Manufacturing properties lease rates in Norwood Park range from $12 SF/Yr at the entry level to $25 SF/Yr at the top of the market, averaging $17.75 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $17.75 SF/Yr, the local average runs 39% above Illinois's state average of $12.73 SF/Yr.
Manufacturing properties make up 13% of the 242 Industrial properties currently for lease in Norwood Park, with asking rates in line with the citywide Industrial properties average. Tenants comparing options may also consider Flex space (128 listings) and Other industrial properties (58 listings) elsewhere in the Norwood Park market.
