Norwood Park, IL Office Units for Lease
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Norwood Park, IL Office Units Lease Rates & Market Statistics
Explore 541 Office Units for lease in Norwood Park, IL on Realmo, a commercial real estate exchange covering the Norwood Park area. The current inventory totals 5,390,329 square feet of properties — an average of ~9,950 SF per listing.
Office Units lease rates in Norwood Park range from $4.80 SF/Yr at the entry level to $94 SF/Yr at the top of the market, averaging $26.79 SF/Yr. That's a 20x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $26.79 SF/Yr, the local average runs 22% above Illinois's state average of $21.91 SF/Yr.
Office Units make up 65% of the 830 Office Spaces currently for lease in Norwood Park, with asking rates in line with the citywide Office Spaces average. Tenants comparing options may also consider Office buildings (209 listings) and Medical Office Space (77 listings) elsewhere in the Norwood Park market.