Hoffman Estates, IL Office Spaces for Lease
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Hoffman Estates, IL Office Spaces Lease Rates & Market Statistics
Explore 121 Office Spaces for lease in Hoffman Estates, IL on Realmo, a commercial real estate exchange covering the Hoffman Estates area. The current inventory totals 2,201,525 square feet of properties — an average of ~18,200 SF per listing.
Asking lease rates for Office Spaces in Hoffman Estates start at $8 SF/Yr, average $17.37 SF/Yr, and reach $37.77 SF/Yr at the top of the market. That's a 5x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $17.37 SF/Yr is 22% below the Illinois state average of $22.22 SF/Yr.
Hoffman Estates accounts for 44% of the 277 office spaces currently available across Lake County, where nearby markets include Libertyville and Highland Park. By space type, the market includes 81 office units, 27 medical office space listings and 18 office buildings — office units typically offer the lowest entry point, while medical office space commands the highest rates.