Highlights
- The average rent for office space in Arlington Heights is $19.84 per square foot, 1.81% higher compared to the previous year.
- The market’s vacancy rate stands at 28.47%, higher than the state average of Illinois, which is 24.54%.
2025 Office Space Rent & Sales
- $19.84 2025 Avg. Asking Rent
- 1.81% Y-o-Y Avg. Asking Rent Change
- 28.47% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Arlington Heights?
Average asking rents for office space here stand at $19.84 per square foot. The local office market recorded an average vacancy rate of 28.47% in 2025, unchanged from 28.47% in 2024.
Arlington Heights, IL Office Asking Rents by Class
What is the average office rent per square foot by property class in IL?
- Avg. Asking Rent Class A & A+$34.01
- Avg. Asking Rent Class B$25.49
- Avg. Asking Rent Class C$22.85
For comparison, the average rent for Class A and A+ office space in Illinois was $34.01 per square foot. The state-wide average for Class B space was $25.49 per square foot, and Class C office spaces averaged $22.85 per square foot.
Arlington Heights, IL Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| North Shore - South | $31.08 | 23.86% |
| I-90 Golden Corridor | $22.25 | 30.72% |
| Arlington Heights - Lake Zurich | $21.35 | 15.52% |
What are the largest recent office completions in Arlington Heights?
The largest recent office completion here is 95 West Algonquin Road at 136,500 square feet, completed in 1984. The next largest completions are 3436 N Kennicott Ave and 2101 South Arlington Heights Road.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 3436 N Kennicott Ave | 3436 N Kennicott Ave, 60004 | 131,616 | 2015 |
| 1628 Central Rd Arlington Heights | 1628 Central Rd Arlington Heights, 60005 | 8,455 | 2007 |
| 1628 Central Rd Arlington Heights | 1628 Central Rd Arlington Heights, 60005 | 8,455 | 2007 |
| Signature Square North | 3255 North Arlington Heights Road, 60004 | 57,764 | 1988 |
| Courtyard Office Center | 1655 North Arlington Heights Road, 60004 | 34,300 | 1986 |
| 3350 W. Salt Creek Lane | 3350 W. Salt Creek Lane, 60005 | 38,687 | 1985 |
| 95 West Algonquin Road | 95 West Algonquin Road, 60005 | 136,500 | 1984 |
| 2101 South Arlington Heights Road | 2101 South Arlington Heights Road, 60005 | 62,715 | 1984 |
| Enterprise Office Center | 3105 North Wilke Road, 60004 | 45,470 | 1984 |
| Signature Square South | 617 East Golf Road, 60005 | 33,739 | 1984 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
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 Yardi Research Data can guarantee that the information provided is complete.