Elmwood Park, IL Retail Properties & Spaces for Lease
Elmwood Park, IL Retail properties & Spaces Lease Rates & Market Statistics
Explore 1,402 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 11,947,355 square feet of properties — an average of ~8,500 SF per listing.
Asking lease rates for Retail properties & Spaces in Elmwood Park start at $8 SF/Yr, average $26.93 SF/Yr, and reach $133 SF/Yr at the top of the market. That's a 17x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $26.93 SF/Yr is 18% above the Illinois state average of $22.77 SF/Yr.
Elmwood Park accounts for 64% of the 2,206 retail properties & spaces currently available across Cook County, where nearby markets include Chicago and Niles. By space type, the market includes 551 storefront properties, 125 shopping centers and 49 other retail properties — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.