2024 Office Space Rent & Sales
- $20.85 2024 Avg. Asking Rent
- -4.46% Y-o-Y Avg. Asking Rent Change
- 12.00% 2024 Office Vacancy Rate
Westmont office price per square foot in 2024 was $20.85 on average. This marked a -4.46% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 12.00% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Illinois Class A & A+ Office Space$29.95
- Illinois Class B Office Space$26.01
- Illinois Class C Office Space$22.42
Westmont, IL Office Asking Rents by Class
Coworking Spaces in Illinois
- Chicago Coworking Space
- Charlotte Coworking Space
- Nashville Coworking Space
- Indianapolis Coworking Space
- Columbus Coworking Space
- Cincinnati Coworking Space
- Raleigh Coworking Space
- Kansas City Coworking Space
- Alexandria Coworking Space
- Detroit Coworking Space
- Durham Coworking Space
- Louisville Coworking Space
- St. Louis Coworking Space
- Omaha Coworking Space
- Milwaukee Coworking Space
- Memphis Coworking Space
- Ann Arbor Coworking Space
- Cleveland Coworking Space
- Grand Rapids Coworking Space
- Madison Coworking Space
- Chattanooga Coworking Space
2024 Office Construction in Westmont, IL
- Westmont, IL Total SF under construction in 2025 40,635
| Office building | Address | SF | Completed |
|---|---|---|---|
| Market Centre | 6200 South Cass Avenue, 60559 | 100,518 | 2020 |
| Oakmont Circle | 601 Oakmont Ln, 60559 | 127,804 | 1990 |
| Executive Place II | 1111 Pasquinelli Dr, 60559 | 76,764 | 1988 |
| Oakmont Professional Building | 801 N Cass Ave, 60559 | 50,114 | 1981 |
| Oakmont Professional Building | 801 North Cass Avenue, 60559 | 44,100 | 1981 |
| Oakmont Business Center | 825 N Cass Ave, 60559 | 59,904 | 1977 |
| Oakmont Business Center | 825 North Cass Avenue, 60559 | 59,751 | 1977 |
| Oakwood Commons Business Center | 816 Burr Oak Drive, 60559 | 101,000 | 1973 |
Worth noting among recent office completions on the Westmont market is Market Centre, which is currently the largest new office development in the city, at 100,518 square feet.
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
- Downers Grove Office Rent Price
- Joliet Office Rent Price
- Lisle Office Rent Price
- Lombard Office Rent Price
- Skokie Office Rent Price
- Evanston Office Rent Price
- Rosemont Office Rent Price
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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Westmont 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 Yardi Research Data can guarantee that the information provided is complete.