Oakbrook Terrace, IL Commercial Real Estate for Lease - 17 Listings

2 Transam Plaza Dr

2 Transam Plaza Dr, Oakbrook Terrace, IL
Property

Office

124,165 SF
Availability

1 Space

3,500 SF
Year Built

1985
For Lease

$21.00/SF/YR
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Oakbrook Terrace Tower

1 Tower Lane, Oakbrook Terrace, IL
Property

Office

792,192 SF
Availability

2 Spaces

47,029 SF
Year Built

1987
For Lease Contact for pricing
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Two TransAm Plaza

2 TransAm Plaza, Oakbrook Terrace, IL
Property

Office

117,717 SF
Availability

1 Space

3,920 SF
Year Built

1985
For Lease Contact for pricing
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Oakbrook Terrace Atrium

17W220 22nd Street, Oakbrook Terrace, IL
Property

Office

56,414 SF
Availability

1 Space

2,477 SF
Year Built

1987
For Lease Contact for pricing
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Oakbrook Terrace Medical Center

1 S 224 Summit Avenue, Oakbrook Terrace, IL
Property

Office

49,507 SF
Availability

2 Spaces

4,261 SF
Year Built

1986
For Lease

$34.00/SF/YR
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Oakbrook Terrace Business Center

17W703 Butterfield Road, Oakbrook Terrace, IL
Property

Office

55,928 SF
Availability

1 Space

4,000 SF
Year Built

1981
For Lease Contact for pricing
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One Lincoln Centre
Regus
18 West 140 Butterfield Road Suite 1500, Oakbrook Terrace, IL
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Mid America Plaza

1 Mid America Plaza, Oakbrook Terrace, IL
Property

Office

207,221 SF
Availability

2 Spaces

41,309 SF
Year Built

1985
For Lease Contact for pricing
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Oakbrook Terrace Corporate Center I

1901 South Meyers Road, Oakbrook Terrace, IL
Property

Office

325,116 SF
Availability

14 Spaces

199,148 SF
Year Built

1986
For Lease Contact for pricing
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Oakbrook Terrace Tower

1 Tower Lane, Oakbrook Terrace, IL
Property

Office

792,192 SF
Availability

1 Space

21,502 SF
Year Built

1987
For Lease

$23.00/SF/YR
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One Parkview Plaza

17W110 22nd Street, Oakbrook Terrace, IL
Property

Office

263,912 SF
Availability

13 Spaces

161,787 SF
Year Built

1993
For Lease

$30.47/SF/YR
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One Lincoln Centre

18W140 Butterfield Road, Oakbrook Terrace, IL
Property

Office

307,370 SF
Availability

13 Spaces

113,659 SF
Year Built

1987
For Lease

$32.37/SF/YR
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1 Mid America Plaza
Venture X
1 Mid America Plaza 3rd Floor, Oakbrook Terrace, IL
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

High-speed wifi

Parking

Printer
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Mid America Plaza

1 & 2 Mid America Plaza, Oakbrook Terrace, IL
Property

Office

414,442 SF
Availability

15 Spaces

81,079 SF
Year Built

1985
For Lease

$22.00/SF/YR
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The Oaks of Oak Brook

1600 16th Street, Oakbrook Terrace, Oak Brook, IL
Property

Retail

52,262 SF
Availability

1 Space

1,200 SF
Year Built

1989
For Lease Contact for pricing
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17W580 E Butterfield Rd

17W580 E Butterfield Rd, Oakbrook Terrace, Villa Park, IL
Property

Retail

22,334 SF
Availability

2 Spaces

3,051 SF
For Lease

$21.00/SF/YR
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Summit Plaza

17W620 14th St., Oakbrook Terrace, IL
Property

Office

13,000 SF
Availability

1 Space

730 SF
For Lease

$18.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Oakbrook Terrace commercial real estate market incorporates 3,549,637 square feet of office space across 14 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Oakbrook Terrace commercial real estate market includes 74,596 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Oakbrook Terrace incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Oakbrook Terrace is represented by Office space, which accounts for 683,306 square feet of available listings. Retail space available in Oakbrook Terrace adds up to 4,251 square feet.

Meanwhile, most of the listings of commercial property for sale in Oakbrook Terrace are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Oakbrook Terrace is $31.6 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Oakbrook Terrace can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Oakbrook Terrace, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $34 per square foot. In particular, the property type commanding the highest lease rates in Oakbrook Terrace was Office space.

Conversely, the highest sale price last year was $60,000,000 that is located at 1 Tower Lane.

The average size of a commercial property in Oakbrook Terrace depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Oakbrook Terrace, the average size of an office property is 253,546 square feet.
Retail properties here incorporate an average of 37,298 square feet.

Oakbrook Terrace, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Oakbrook Terrace currently add up to 687,557 square feet. The market offers 13 active office listing(s), which amount to 683,306 square feet and account for 81% of commercial spaces on the market. Local retail availability includes 4,251 square feet across 3 retail space(s).

Property Type	Count of Listings	Total SF
Office	13	683,306
Retail	3	4,251

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Oakbrook Terrace, IL. Currently, there is 30,461 square feet of commercial property for sale here , which includes 1 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	1	30,461

Oakbrook Terrace, IL Commercial Real Estate for Lease - 17 Listings

2 Transam Plaza Dr

Oakbrook Terrace Tower

Two TransAm Plaza

Oakbrook Terrace Atrium

Oakbrook Terrace Medical Center

Oakbrook Terrace Business Center

One Lincoln Centre

Mid America Plaza

Oakbrook Terrace Corporate Center I

Oakbrook Terrace Tower

One Parkview Plaza

One Lincoln Centre

1 Mid America Plaza

Mid America Plaza

The Oaks of Oak Brook

17W580 E Butterfield Rd

Summit Plaza

Frequently Asked Questions

Oakbrook Terrace, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Oakbrook Terrace, IL Commercial Real Estate for Lease - 17 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Oakbrook Terrace, IL?

What factors affect the price of commercial real estate in Oakbrook Terrace, IL?

What is the average rent for commercial space in Oakbrook Terrace, IL?

What are the best areas for commercial real estate in Oakbrook Terrace, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Oakbrook Terrace, IL?

Oakbrook Terrace, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us