Calumet Park, IL Shopping Centers for Lease
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Calumet Park, IL Shopping centers Lease Rates & Market Statistics
Explore 74 Shopping centers for lease in Calumet Park, IL on Realmo, a commercial real estate exchange covering the Calumet Park area. The current inventory totals 2,442,604 square feet of properties — an average of ~33,000 SF per listing.
Shopping centers lease rates in Calumet Park range from $15 SF/Yr at the entry level to $30 SF/Yr at the top of the market, averaging $21 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $21 SF/Yr is 13% above the Illinois state average of $18.51 SF/Yr.
Calumet Park accounts for 29% of the 254 shopping centers currently available across Cook County, where nearby markets include Chicago and Schaumburg. Shopping centers make up 8% of the 921 Retail properties & Spaces currently for lease in Calumet Park, with asking rates averaging $21 SF/Yr — 16% below the citywide Retail properties & Spaces average of $24.89 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (368 listings) and Other retail properties (40 listings) elsewhere in the Calumet Park market.