2025 Office Space Rent & Sales
- $18.05 2025 Avg. Asking Rent
- 30.52% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Hoffman Estates?
Average asking rents for office space here stand at $18.05 per square foot. The local office market recorded an average vacancy rate of 30.52% in 2025, unchanged from 30.52% in 2024.
Hoffman Estates, 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.
What are the largest recent office completions in Hoffman Estates?
The largest recent office completion here is Greenspoint Office Park - Greenspoint III at 150,603 square feet, completed in 2000. The next largest completions are 1721 Moon Lake Blvd and Barrington Square Town Center.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Prairie Pointe Medical Building | 4885 Hoffman Blvd, 60192 | 65,544 | 2008 |
| 4885 Hoffman Blvd | 4885 Hoffman Blvd, 60192 | 65,544 | 2008 |
| 2600 Forbs Ave | 2600 Forbs Ave, 60192 | 90,000 | 2007 |
| 2600 Forbs Ave | 2600 Forbs Ave, 60192 | 90,000 | 2007 |
| Greenspoint Office Park - Greenspoint III | 2895 Greenspoint Pkwy, 60010 | 150,603 | 2000 |
| 3200 West Higgins Road | 3200 West Higgins Road, 60169 | 21,635 | 2000 |
| Dental Office Space | 1585 Barrington Road, Suite 301, 60169 | 90,000 | 1992 |
| Greenspoint II | 3100 & 3150 W. Higgins Road, 60169 | 57,548 | 1990 |
| 1721 Moon Lake Blvd | 1721 Moon Lake Blvd, 60169 | 135,147 | 1986 |
| Barrington Square Town Center | 2300 W Higgins Road , 60169 | 102,328 | 1975 |
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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.