Norwood Park, IL Medical Office Space for Lease
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Norwood Park, IL Medical Office Space Lease Rates & Market Statistics
Explore 77 Medical Office Space listings for lease in Norwood Park, IL on Realmo, a commercial real estate exchange covering the Norwood Park area. The current inventory totals 1,169,475 square feet of properties — an average of ~15,200 SF per listing.
Medical Office Space lease rates in Norwood Park range from $8 SF/Yr at the entry level to $94 SF/Yr at the top of the market, averaging $33.22 SF/Yr. That's a 12x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $33.22 SF/Yr, the local average runs 53% above Illinois's state average of $21.70 SF/Yr.
Medical Office Space listings make up 9% of the 830 Office Spaces currently for lease in Norwood Park, with asking rates averaging $33.22 SF/Yr — 26% above the citywide Office Spaces average of $26.33 SF/Yr. Tenants comparing options may also consider Office Units (541 listings) and Office buildings (209 listings) elsewhere in the Norwood Park market.
