Office Rental Market
- $19.78 2019 Avg. Asking Rent
- 0.00 % 2019 Avg. Vacancy Rate
- 0 2019 Office Completions (Sqft)
- 0 2020 Estimated Pipeline (Sqft)
Average Office Asking Rents by Class
2019 Average Office Rent per Square Foot
- Palatine Class A Office Buildings$26.27
- Palatine Class B Office Buildings$18.98
- IL Class A Office Buildings$35.57
- IL Class B Office Buildings$24.29
- IL Class C Office Buildings$18.50
Palatine, IL Office Asking Rents by Class
OFFICE CONSTRUCTION IN Palatine, IL
- Palatine, IL Total Sqft completed in 2019 0
- Palatine, IL Total Sqft under construction in 2020 0
Building name | Address | Total Sqft | Year built |
---|---|---|---|
Weber-Stephen Products Headquarters | 1415 South Roselle Road, 60067 | 154,706 | 1979 |
800 East Northwest Hwy | 800 East Northwest Hwy, 60074 | 136,603 | 1973 |
Gateway Center | 220 North Smith Street, 60067 | 101,827 | 2002 |
Salt Creek Office Center - 2000-2060 East Algonquin Road | 2000 East Algonquin Road, 60173 | 100,892 | 1981 |
Countryside Office Park | 1210 West Northwest Hwy, 60067 | 92,873 | 1978 |
Kennedy Corporate Center & Point of Palatine | 1530 East Dundee Road, 60074 | 79,391 | 1985 |
50 North Brockway Street | 50 North Brockway Street, 60067 | 41,343 | 1972 |
Hummel Building | 110 North Brockway Street, 60067 | 40,000 | 2004 |
The Office Park of Palatine - 675 North North Court | 675 North North Court, 60067 | 34,600 | 1985 |
The Office Park of Palatine - 600 & 616 North North Court | 600 North North Court, 60067 | 34,469 | 1975 |
Office building | Address | Sqft | Completed |
---|---|---|---|
Hummel Building | 110 North Brockway Street, 60067 | 40,000 | 2004 |
Gateway Center | 220 North Smith Street, 60067 | 101,827 | 2002 |
Kennedy Corporate Center & Point of Palatine | 1530 East Dundee Road, 60074 | 79,391 | 1985 |
The Office Park of Palatine - 675 North North Court | 675 North North Court, 60067 | 34,600 | 1985 |
Salt Creek Office Center - 2000-2060 East Algonquin Road | 2000 East Algonquin Road, 60173 | 100,892 | 1981 |
Weber-Stephen Products Headquarters | 1415 South Roselle Road, 60067 | 154,706 | 1979 |
Countryside Office Park | 1210 West Northwest Hwy, 60067 | 92,873 | 1978 |
The Office Park of Palatine - 625 North North Court | 625 North North Court, 60067 | 25,474 | 1977 |
The Office Park of Palatine - 600 & 616 North North Court | 600 North North Court, 60067 | 34,469 | 1975 |
800 East Northwest Hwy | 800 East Northwest Hwy, 60074 | 136,603 | 1973 |
Office Spaces for Rent in Illinois
See trends for nearby markets
The Palatine office market contains an inventory of 741,286 square feet of office space, in 12 buildings that are equal to or larger than 25,000 square feet.
This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Palatine 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.