2022 Office Space Rent & Sales
- $23.77 2022 Avg. Asking Rent
- 31.02% 2022 Office Vacancy Rate
Rolling Meadows office price per square foot in 2022 was $23.77 on average. The local office market recorded an average vacancy rate of 31.02% across all asset classes combined.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Rolling Meadows Class A & A+ Office Space$26.00
- Rolling Meadows Class B Office Space$22.75
- Illinois Class A & A+ Office Space$34.19
- Illinois Class B Office Space$25.31
- Illinois Class C Office Space$19.07
Rolling Meadows, IL Office Asking Rents by Class
2022 Office Vacancy Rates in Rolling Meadows
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
I-90 Golden Corridor | $21.72 | 21.78% |
Arlington Heights - Lake Zurich | $21.17 | 23.64% |
Coworking Spaces in Illinois
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2022 Office Construction in Rolling Meadows, IL
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 | 33,000 | 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 |
Crossroads Corporate Center | 3601 West Algonquin Road, 60008 | 141,799 | 1977 |
Keystone Office Center | 5350 Keystone Court, 60008 | 60,100 | 1975 |
2701 Algonguin | 2701 Algonquin Rd, 60008 | 8,000 | 1971 |
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.
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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 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. 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.