Aurora Office Market Trends

Office Rental Market

  • $24.04 2019 Avg. Asking Rent
  • 17.38 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Aurora was $24.04 per square foot, and the office vacancy rate across the market averaged 17.38 %. During 2019, developers added 0 square feet of new office space to the Aurora market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Aurora Class B Office Buildings$23.22
  • Aurora Class C Office Buildings$20.05
  • IL Class A Office Buildings$35.57
  • IL Class B Office Buildings$24.29
  • IL Class C Office Buildings$18.50

Aurora, IL Office Asking Rents by Class

OFFICE CONSTRUCTION IN Aurora, IL

  • Aurora, IL Total Sqft completed in 2019 0
  • Aurora, IL Total Sqft under construction in 2020 0
10 Largest Office Buildings in Aurora
Building name Address Total Sqft Year built
177 South Commons Drive 177 South Commons Drive, 60504 293,810 1975
Meridian Business Campus - 750 North Commons Drive 750 North Commons Drive, 60504 204,728 1996
Meridian Business Campus - 870 North Commons Drive 870 North Commons Drive, 60504 200,000 2000
Rush Copley Physicians Office Buildings I & II 2020 Ogden Avenue, 60504 155,468 1998
Meridian Business Campus - 4245 Meridian Pkwy 4245 Meridian Pkwy, 60504 140,383 2000
Meridian Business Campus - 4245 Meridian Pkwy 4245 Meridian Pkwy, 60504 140,383 2000
2245 Sequoia Drive 2245 Sequoia Drive, 60506 116,545 1989
Fox Valley Executive Center 75 Executive Drive, 60504 107,087 1983
Farnsworth Center for Business - 1245 Corporate Blvd 1245 Corporate Blvd, 60505 96,213 1984
Presence Mercy Medical Center 1315 North Highland Avenue, 60506 89,801 1993
Largest Office Properties Recently Completed in Aurora
Office building Address Sqft Completed
2285 Sequoia Drive 2285 Sequoia Drive, 60506 75,000 2016
2635 Church Road 2635 Church Road, 60505 33,000 2013
Vastu Commons 3817 McCoy Drive, 60504 25,885 2008
McCarty Center 3909 75th Street, 60504 49,369 2007
Waterford Professional Center 1256 Waterford Drive, 60504 41,000 2007
1975 Melissa Lane 1975 Melissa Lane, 60506 61,347 2006
1975 Melissa Lane 1975 Melissa Lane, 60506 61,347 2006
Meridian Business Campus - 4255 Meridian Pkwy 4255 Meridian Pkwy, 60504 44,120 2005
Rush Copley Campus - Rush Copley Medical Office 2088 Ogden Avenue, 60504 33,000 2004
858 Meridian Lake Drive 858 Meridian Lake Drive, 60504 46,050 2001
Data provided by Commercial Edge

Office Spaces for Rent in Illinois

See trends for nearby markets

The Aurora office market contains an inventory of 2,559,960 square feet of office space, in 45 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Aurora 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 CommercialEdge can guarantee that the information provided is complete.