Norwood Park, IL Office Buildings for Lease
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Norwood Park, IL Office buildings Lease Rates & Market Statistics
Explore 209 Office buildings for lease in Norwood Park, IL on Realmo, a commercial real estate exchange covering the Norwood Park area. The current inventory totals 9,731,691 square feet of properties — an average of ~46,550 SF per listing.
Office buildings lease rates in Norwood Park range from $11 SF/Yr at the entry level to $46 SF/Yr at the top of the market, averaging $22.55 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 $22.55 SF/Yr, the local average runs 22% above Illinois's state average of $18.52 SF/Yr.
Office buildings make up 25% of the 830 Office Spaces currently for lease in Norwood Park, with asking rates averaging $22.55 SF/Yr — 14% below the citywide Office Spaces average of $26.33 SF/Yr. Tenants comparing options may also consider Office Units (541 listings) and Medical Office Space (77 listings) elsewhere in the Norwood Park market.
