2024 Office Space Rent & Sales
- $25.15 2024 Avg. Asking Rent
- 24.18% 2024 Office Vacancy Rate
Des Plaines office price per square foot in 2024 was $25.15 on average. The local office market recorded an average vacancy rate of 24.18% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Illinois Class A & A+ Office Space$29.95
- Illinois Class B Office Space$26.01
- Illinois Class C Office Space$22.42
Des Plaines, IL Office Asking Rents by Class
Office Spaces for Rent in Illinois
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| Office building | Address | SF | Completed |
|---|---|---|---|
| BTS Executive Office | Medical | Retail | 1423 Ellinwood Street, 60016 | 190,000 | 2022 |
| 10700 W Higgins Rd | 10700 W Higgins Rd, 60018 | 4,700 | 2022 |
| Pointe O'Hare | 9550 West Higgins Road, 60018 | 270,512 | 2001 |
| O'Hare Gateway Office Center | 9500 West Bryn Mawr Avenue, 60018 | 188,697 | 2001 |
| O'Hare Gateway Office Center | 9600 West Bryn Mawr Avenue, 60018 | 161,676 | 2001 |
| 5500 Pearl Street | 5500 Pearl Street, 60018 | 136,000 | 2001 |
| O'Hare Express Center - 514 Express Center Drive | 514 Express Center Drive, 60666 | 185,000 | 2000 |
| 513 Express Center Drive | 513 Express Center Drive, 60666 | 138,000 | 1997 |
| O'Hare Express Center - 517 Express Center Drive | 517 Express Center Drive, 60666 | 157,159 | 1996 |
| O'Hare Express Center - 515 Express Center Drive | 515 Express Center Drive, 60666 | 115,891 | 1996 |
Worth noting among recent office completions on the Des Plaines market is BTS Executive Office | Medical | Retail, which is currently the largest new office development in the city, at 190,000 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Des Plaines commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.