Elmwood Park, IL Retail Properties & Spaces for Lease
Elmwood Park, IL Retail properties & Spaces Lease Rates & Market Statistics
Explore 942 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 7,244,246 square feet of properties — an average of ~7,700 SF per listing.
Asking lease rates for Retail properties & Spaces in Elmwood Park start at $8 SF/Yr, average $24.70 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 $24.70 SF/Yr is 15% above the Illinois state average of $21.54 SF/Yr.
Elmwood Park accounts for 65% of the 1,444 retail properties & spaces currently available across Cook County, where nearby markets include Chicago and Schaumburg. By space type, the market includes 372 storefront properties, 74 shopping centers and 40 other retail properties — shopping centers typically offer the lowest entry point, while other retail properties command the highest rates.