Schaumburg Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Schaumburg is $23.20 per square foot, 7.26% higher compared to the previous year.
  • The market’s vacancy rate stands at 29.33%, higher than the state average of Illinois, which is 24.54%.
  • Renting Class A/A+ office space here costs $23.68 per square foot, while Class B averages $22.60 and Class C stands at $25.44.

2025 Office Space Rent & Sales

  • $23.20 2025 Avg. Asking Rent
  • 7.26% Y-o-Y Avg. Asking Rent Change
  • 29.33% 2025 Office Vacancy Rate

What is the average asking rent price for office space in Schaumburg?

Average asking rents for office space here stand at $23.20 per square foot. The local office market recorded an average vacancy rate of 29.33% in 2025, unchanged from 29.33% in 2024.

Schaumburg, IL Office Asking Rents by Class

What is the average office rent per square foot by property class in Schaumburg?

  • Avg. Asking Rent Class A & A+$23.68
  • Avg. Asking Rent Class B$22.60
  • Avg. Asking Rent Class C$25.44

The average asking rent for Class A and A+ office space stood at $23.68 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Schaumburg averaged $22.60 per square foot, while the average for Class C space was $25.44 per square foot.

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.

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2025 Office Construction in Schaumburg, IL

  • Schaumburg, IL Total SF completed in 2025 75,000

How much office space was built in Schaumburg in 2025?

75,000 square feet of new office space was delivered across the market in the previous year. New construction included 1 properties, with an average new property size of 75,000 square feet.

What are the largest recent office completions in Schaumburg?

The largest recent office completion here is Zurich North America Headquarters at 783,800 square feet, completed in 2016. The next largest completions are Woodfield Corporate Center - 425 & 475 North Martingale Road and Woodfield Preserve II.

Office building Address SF Completed
Zurich North America Headquarters 1301 West Algonquin Road, 60196 783,800 2016
800 E. Woodfield, Suite 115 & 116 800 E Woodfield Road, Suite 115 & 116, 60173 2,600 2006
Medical/Office Suites for Lease Across from Woodfield Mall 1035 E. Woodfield Road, 60173 19,542 2005
Woodfield Preserve II 20 North Martingale Road, 60173 305,586 2001
Windy Point II 1600 McConnor Pkwy, 60173 300,686 2001
Woodfield Preserve I 10 North Martingale Road, 60173 304,876 2000
Parkway Corporate Place 915 National Pkwy, 60173 161,741 2000
400-444 E State Parkway 400-444 E State Parkway, 60173 105,007 1997
Woodfield Corporate Center - 425 & 475 North Martingale Road 425 North Martingale Road, 60173 711,532 1988
Lakewoods Corporate Center 650 E Algonquin Road, 60173 81,522 1987
Data provided by Yardi Research

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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.