2023 Office Space Rent & Sales
- $18.91 2023 Avg. Asking Rent
- 24.97% 2023 Office Vacancy Rate
Rolling Meadows office price per square foot in 2023 was $18.91 on average. The local office market recorded an average vacancy rate of 24.97% 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
Rolling Meadows, IL Office Asking Rents by Class
2023 Office Vacancy Rates in Rolling Meadows
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| I-90 Golden Corridor | $22.88 | 20.10% |
| Arlington Heights - Lake Zurich | $22.59 | 20.07% |
Office Spaces for Rent in Illinois
Coworking Spaces in Illinois
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2023 Office Construction in Rolling Meadows, IL
| Office building | Address | SF | Completed |
|---|---|---|---|
| Atrium Corporate Center | 3800 Golf Road, 60008 | 483,000 | 1998 |
| 2401 S Plum Grove Road | 2401 S Plum Garden RD, 60067 | 33,000 | 1993 |
| 3501 West Algonquin Road | 3501 West Algonquin Road, 60008 | 208,900 | 1987 |
| 1600 Corporate Center | 1600 Golf Road, 60008 | 255,440 | 1986 |
| 3701 West Algonquin Road | 3701 West Algonquin Road, 60008 | 193,094 | 1980 |
| Crossroads Executive Centre | 3601 West Algonquin Road, 60008 | 141,791 | 1973 |
| Euclid Office Center | 1803-1995 Hicks Road, 60008 | 75,000 | 1970 |
| 5105 Tollview Drive | 5105 Tollview Drive, 60008 | 46,645 | 1969 |
Worth noting among recent office completions on the Rolling Meadows market is Atrium Corporate Center, which is currently the largest new office development in the city, at 483,000 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 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 Rolling Meadows 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.