Norwood Park, IL Storefront Properties for Lease
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Norwood Park, IL Storefront properties Lease Rates & Market Statistics
Explore 376 Storefront properties for lease in Norwood Park, IL on Realmo, a commercial real estate exchange covering the Norwood Park area. The current inventory totals 860,339 square feet of properties — an average of ~2,300 SF per listing.
Storefront properties lease rates in Norwood Park range from $8 SF/Yr at the entry level to $114 SF/Yr at the top of the market, averaging $25.93 SF/Yr. That's a 14x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $25.93 SF/Yr, the local average runs 13% above Illinois's state average of $22.93 SF/Yr.
Storefront properties make up 40% of the 948 Retail properties & Spaces currently for lease in Norwood Park, with asking rates in line with the citywide Retail properties & Spaces average. Tenants comparing options may also consider Shopping centers (73 listings) and Other retail properties (40 listings) elsewhere in the Norwood Park market.