Highlights
- The average rent for office space in Skokie is $29.63 per square foot, 2.28% lower compared to the previous year.
- The market’s vacancy rate stands at 33.38%, higher than the state average of Illinois, which is 24.54%.
2025 Office Space Rent & Sales
- $29.63 2025 Avg. Asking Rent
- -2.28% Y-o-Y Avg. Asking Rent Change
- 33.38% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Skokie?
Average asking rents for office space here stand at $29.63 per square foot. The local office market recorded an average vacancy rate of 33.38% in 2025, unchanged from 33.38% in 2024.
Skokie, 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.
Office Construction in Skokie, IL
What are the largest recent office completions in Skokie?
The largest recent office completion here is 5250 Old Orchard Road at 400,000 square feet, completed in 1990. The next largest completions are 5202 Old Orchard Road and Old Orchard Towers.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 5250 Old Orchard Road | 5250 Old Orchard Road, 60077 | 400,000 | 1990 |
| 5202 Old Orchard Road | 5202 Old Orchard Road, 60077 | 349,814 | 1990 |
| Harmswood Office Center | 5750 Old Orchard Road, 60077 | 86,064 | 1989 |
| 5215 Old Orchard Road | 5215 Old Orchard Road, 60077 | 210,126 | 1987 |
| Old Orchard Towers | 5202 Old Orchard Road, 60077 | 349,814 | 1981 |
| 4709-11 Golf Road | 4709 Golf Road, 60076 | 294,073 | 1981 |
| 8930 Gross Point Road | 8930 Gross Point Road, 60077 | 50,141 | 1980 |
| 8001 Lincoln Avenue | 8001 Lincoln Avenue, 60077 | 110,000 | 1974 |
| Move-In-Ready Office Suites Available | 5301 Dempster St, 60077 | 16,790 | 1974 |
| 8001 Lincoln | 8001 Lincoln, 60077 | 105,000 | 1972 |
See reports for other markets
- Chicago Office Rent Price
- Naperville Office Rent Price
- Schaumburg Office Rent Price
- Des Plaines Office Rent Price
- Arlington Heights Office Rent Price
- Northbrook Office Rent Price
- Oak Brook Office Rent Price
- Milwaukee Office Rent Price
- Aurora Office Rent Price
- Deerfield Office Rent Price
- Highland Park Office Rent Price
- Lombard Office Rent Price
- Joliet Office Rent Price
- Buffalo Grove Office Rent Price
- Downers Grove Office Rent Price
- Evanston Office Rent Price
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.