Elmwood Park, IL Shopping Centers for Lease
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Elmwood Park, IL Shopping centers Lease Rates & Market Statistics
Explore 74 Shopping centers for lease in Elmwood Park, IL on Realmo, a commercial real estate exchange covering the Elmwood Park area. The current inventory totals 2,462,604 square feet of properties — an average of ~33,300 SF per listing.
Asking lease rates for Shopping centers in Elmwood Park start at $15 SF/Yr, average $21 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 $21 SF/Yr is 13% above the Illinois state average of $18.60 SF/Yr.
Shopping centers make up 8% of the 942 Retail properties & Spaces currently for lease in Elmwood Park, with asking rates averaging $21 SF/Yr — 15% below the citywide Retail properties & Spaces average of $24.70 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (372 listings) and Other retail properties (40 listings) elsewhere in the Elmwood Park market.
