2025 Office Space Rent & Sales
- $19.92 2025 Avg. Asking Rent
- 18.74% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Fairview Heights?
Average asking rents for office space here stand at $19.92 per square foot. The local office market recorded an average vacancy rate of 18.74% in 2025, unchanged from 18.74% in 2024.
Fairview Heights, 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.
What are the largest recent office completions in Fairview Heights?
The largest recent office completion here is Corporate Center II at 51,063 square feet, completed in 2001. The next largest completions are Business Center II and Business Center III.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 5400 N Illinois St | 5400 N Illinois St, 62208 | 8,280 | 2005 |
| Corporate Center II | 16 Executive Drive, 62208 | 51,063 | 2001 |
| Business Center II | 13 Executive Drive, 62208 | 41,593 | 1990 |
| Business Center III | 11 Executive Drive, 62208 | 34,487 | 1990 |
| Lincoln Place Centre | 815 Lincoln Hwy, 62208 | 18,400 | 1990 |
| 317 Lincoln Hwy | 317 Lincoln Hwy, 62208 | 13,049 | 1988 |
| 327 Lincoln Hwy | 327 Lincoln Hwy, 62208 | 8,100 | 1988 |
| Fairview Executive Plaza II | 331 Salem Place, 62208 | 31,121 | 1986 |
| Business Center I | 15 Executive Drive, 62208 | 28,624 | 1986 |
| Fairview Executive Plaza I | 333 Salem Place, 62208 | 30,492 | 1984 |
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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.