Average Rent for Office Space in Northbrook, IL
Rents for offices in Northbrook range between $14.5 and $25.5 per square foot, with the market-wide average currently at $20.69 per square foot according to the latest listing data.
Learn More About Office Spaces for Rent in Northbrook, IL
The Northbrook, IL market currently features 132 distinct office spaces available for lease, totaling approximately 536,213 square feet.
Local inventory includes subtypes such as General Office with 74 listings, as well as other property types such as Medical Office and Office Building.
Available office spaces range from 200 square feet to 48,221 square feet, with an average size of 4,063 square feet, accommodating businesses across various growth stages and operational requirements.
Range
Total Square Feet
Share of Total Office
25k to 50k Sq. Ft.
391,728
7.62%
50k to 100k Sq. Ft.
953,449
18.56%
100k to 500k Sq. Ft.
3,026,375
58.91%
500k to 1M Sq. Ft.
766,021
14.91%
Of the office inventory in Northbrook, 7 properties were constructed since 2000, typically offering up-to-date amenities.
An additional 32 buildings were developed between 1975 and 2000, while the remaining 4 date prior to 1975.
Northbrook, IL Office Market Breakdown
The office market in Northbrook, IL comprises 40 buildings totaling 5.1 million square feet.
Class A and A+ properties make up 17.5% of the office market in Northbrook, while Class B properties total 74.17% of the market and Class C properties take up the remaining 8.33%.
Range
Total Square Feet
Share of Total Office
Class A
1,450,890
28.24%
Class B
3,088,914
60.12%
Class C
597,769
11.64%
The market offers substantial flexibility in space configuration, with spaces reaching up to 48,221 square feet and an average square footage of 4,063 across all spaces located here.
401 Huehl Road, Northbrook, IL