Elmwood Park, IL Retail Properties & Spaces for Lease
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Elmwood Park, IL Retail properties & Spaces Lease Rates & Market Statistics
Explore 948 Retail properties & Spaces for lease in Elmwood Park, IL on Realmo, a commercial real estate exchange covering the Elmwood Park area. The current inventory totals 7,227,761 square feet of properties — an average of ~7,600 SF per listing.
Asking lease rates for Retail properties & Spaces in Elmwood Park start at $8 SF/Yr, average $24.83 SF/Yr, and reach $114 SF/Yr at the top of the market. That's a 14x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $24.83 SF/Yr is 15% above the Illinois state average of $21.64 SF/Yr.
Elmwood Park accounts for 66% of the 1,446 retail properties & spaces currently available across Cook County, where nearby markets include Chicago and Schaumburg. By space type, the market includes 376 storefront properties, 73 shopping centers and 40 other retail properties — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.
