Rolling Meadows Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $22.14 2024 Avg. Asking Rent
  • 41.47% 2024 Office Vacancy Rate

Rolling Meadows office price per square foot in 2024 was $22.14 on average. The local office market recorded an average vacancy rate of 41.47% 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

2024 Average Office Rent per Square Foot

  • Illinois Class A & A+ Office Space$29.95
  • Illinois Class B Office Space$26.01
  • Illinois Class C Office Space$22.42

Rolling Meadows, IL Office Asking Rents by Class

2024 Office Vacancy Rates in Rolling Meadows

Submarket Asking Rents Vacancy Rates
Arlington Heights - Lake Zurich $21.85 14.71%
I-90 Golden Corridor $21.61 30.04%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Rolling Meadows market was 41.47% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Rolling Meadows was 14.71% in the Arlington Heights - Lake Zurich submarket, while the highest office vacancy in the market was 30.04%, recorded in I-90 Golden Corridor.

Office Spaces for Rent in Illinois

Coworking Spaces in Illinois

Largest Office Properties Recently Completed in Rolling Meadows
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 36,288 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
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.

Data provided by Commercial Edge

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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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. 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.