Elmwood Park, IL Shopping Centers for Lease
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Elmwood Park, IL Shopping centers Lease Rates & Market Statistics
Explore 125 Shopping centers for lease in Elmwood Park, IL on Realmo, a commercial real estate exchange covering the Elmwood Park area. The current inventory totals 2,888,200 square feet of properties — an average of ~23,100 SF per listing.
Asking lease rates for Shopping centers in Elmwood Park start at $18 SF/Yr, average $24.33 SF/Yr, and reach $30 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $24.33 SF/Yr is 31% above the Illinois state average of $18.63 SF/Yr.
Shopping centers make up 9% of the 1,400 Retail properties & Spaces currently for lease in Elmwood Park, with asking rates averaging $24.33 SF/Yr — 10% below the citywide Retail properties & Spaces average of $26.97 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (549 listings) and Other retail properties (49 listings) elsewhere in the Elmwood Park market.
