Highlights
- The average rent for office space in Rolling Meadows is $22.50 per square foot, 1.62% higher compared to the previous year.
- The market’s vacancy rate stands at 41.53%, higher than the state average of Illinois, which is 24.54%.
2025 Office Space Rent & Sales
- $22.50 2025 Avg. Asking Rent
- 1.62% Y-o-Y Avg. Asking Rent Change
- 41.53% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Rolling Meadows?
Average asking rents for office space here stand at $22.50 per square foot. The local office market recorded an average vacancy rate of 41.53% in 2025, unchanged from 41.53% in 2024.
Rolling Meadows, 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.
Rolling Meadows, IL Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| I-90 Golden Corridor | $22.25 | 30.72% |
| Arlington Heights - Lake Zurich | $21.35 | 15.52% |
What are the largest recent office completions in Rolling Meadows?
The largest recent office completion here is Atrium Corporate Center at 485,000 square feet, completed in 1998. The next largest completions are 1600 Corporate Center and 3501 West Algonquin Road.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Atrium Corporate Center | 3800 Golf Road, 60008 | 485,000 | 1998 |
| 3501 West Algonquin Road | 3501 West Algonquin Road, 60008 | 208,900 | 1987 |
| 1600 Corporate Center | 1600 Golf Road, 60008 | 255,440 | 1986 |
| Keystone Office Center - Available for Sale or Lease | 5350-5360 Keystone Ct, 60008 | 60,142 | 1981 |
| 3701 West Algonquin Road | 3701 West Algonquin Road, 60008 | 193,094 | 1980 |
| Arlington Office Park | 1835 Rohlwing Road, 60008 | 103,000 | 1980 |
| Euclid Office Center | 1803-1995 Hicks Road, 60008 | 75,000 | 1970 |
| 1500 Hicks Rd | 1500 Hicks Rd, 60008 | 32,000 | 1970 |
| 5105 Tollview Drive | 5105 Tollview Drive, 60008 | 46,645 | 1969 |
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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.