Elmwood Park, IL Medical Office Space for Lease
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Elmwood Park, IL Medical Office Space Lease Rates & Market Statistics
Explore 91 Medical Office Space listings for lease in Elmwood Park, IL on Realmo, a commercial real estate exchange covering the Elmwood Park area. The current inventory totals 1,215,607 square feet of properties — an average of ~13,350 SF per listing.
Asking lease rates for Medical Office Space in Elmwood Park start at $11 SF/Yr, average $33.19 SF/Yr, and reach $94 SF/Yr at the top of the market. That's a 9x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $33.19 SF/Yr is 50% above the Illinois state average of $22.09 SF/Yr.
Elmwood Park accounts for 48% of the 190 medical office space listings currently available across Cook County, where nearby markets include Chicago and Orland Park. Medical Office Space listings make up 8% of the 1,118 Office Spaces currently for lease in Elmwood Park, with asking rates averaging $33.19 SF/Yr — 15% above the citywide Office Spaces average of $28.95 SF/Yr. Also worth a look for tenants weighing alternatives: Office Units (711 listings) and Office buildings (311 listings) elsewhere in the Elmwood Park market.
