2023 Office Space Rent & Sales
- $22.56 2023 Avg. Asking Rent
- 43.39% 2023 Office Vacancy Rate
Lincolnwood office price per square foot in 2023 was $22.56 on average. The local office market recorded an average vacancy rate of 43.39% 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
2023 Average Office Rent per Square Foot
- Illinois Class A & A+ Office Space$33.01
- Illinois Class B Office Space$25.97
- Illinois Class C Office Space$28.31
Lincolnwood, IL Office Asking Rents by Class
Office Spaces for Rent in Illinois
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| Office building | Address | SF | Completed |
|---|---|---|---|
| 4433 West Touhy Avenue | 4433 West Touhy Avenue, 60712 | 49,432 | 1979 |
| 7301 North Lincoln Avenue | 7301 North Lincoln Avenue, 60712 | 40,608 | 1978 |
| Cubework Lincolnwood | 7080 N McCormick Blvd, 60712 | 229,540 | 1975 |
| 6500 N Lincoln Ave, Lincolnwood, IL | 6500 N Lincoln Ave, 60712 | 63,446 | 1965 |
| 3924 W Devon Ave | 3924 Devon Ave, 60712 | 25,652 | 1955 |
Worth noting among recent office completions on the Lincolnwood market is 4433 West Touhy Avenue, which is currently the largest new office development in the city, at 49,432 square feet.
See reports for other markets
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- Naperville Office Rent Price
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- Manhattan Office Rent Price
- Miami Office Rent Price
- San Francisco Office Rent Price
- Phoenix Office Rent Price
- Denver Office Rent Price
- Houston Office Rent Price
- Washington Office Rent Price
- Dallas Office Rent Price
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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Lincolnwood 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.