Bloomingdale Office Market Trends

Office Rental Market

  • $17.52 2019 Avg. Asking Rent
  • 22.42 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Bloomingdale was $17.52 per square foot, and the office vacancy rate across the market averaged 22.42 %. During 2019, developers added 0 square feet of new office space to the Bloomingdale 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

  • Bloomingdale Class B Office Buildings$16.11
  • Bloomingdale Class C Office Buildings$13.42
  • IL Class A Office Buildings$35.57
  • IL Class B Office Buildings$24.29
  • IL Class C Office Buildings$18.50

Bloomingdale, IL Office Asking Rents by Class

OFFICE CONSTRUCTION IN Bloomingdale, IL

  • Bloomingdale, IL Total Sqft completed in 2019 0
  • Bloomingdale, IL Total Sqft under construction in 2020 0
10 Largest Office Buildings in Bloomingdale
Building name Address Total Sqft Year built
244 Knollwood Drive 244 Knollwood Drive, 60108 116,000 1985
Continental Office Plaza 121 Fairfield Way, 60108 97,563 1988
Medinah Woods Corporate Center 333 East Lake Street, 60108 71,053 2002
Willowlake Center 303 East Army Trail Road, 60108 68,000 1987
DuPage Medical Group - Bloomingdale Medical Office Building 220 Springfield Drive, 60108 55,000 2017
Centrum Office Plaza 109 Fairfield Way, 60108 49,884 1977
Stratford Medical Center 231 South Gary Avenue, 60108 48,537 1986
245 South Gary Avenue 245 South Gary Avenue, 60108 36,867 1983
255 East Lake Street 255 East Lake Street, 60108 31,146 1977
The Doctors Plaza 471 West Army Trail Road, 60108 28,288 1994
Largest Office Properties Recently Completed in Bloomingdale
Office building Address Sqft Completed
DuPage Medical Group - Bloomingdale Medical Office Building 220 Springfield Drive, 60108 55,000 2017
Medinah Woods Corporate Center 333 East Lake Street, 60108 71,053 2002
The Doctors Plaza 471 West Army Trail Road, 60108 28,288 1994
Continental Office Plaza 121 Fairfield Way, 60108 97,563 1988
Willowlake Center 303 East Army Trail Road, 60108 68,000 1987
Stratford Medical Center 231 South Gary Avenue, 60108 48,537 1986
244 Knollwood Drive 244 Knollwood Drive, 60108 116,000 1985
245 South Gary Avenue 245 South Gary Avenue, 60108 36,867 1983
Centrum Office Plaza 109 Fairfield Way, 60108 49,884 1977
255 East Lake Street 255 East Lake Street, 60108 31,146 1977
Data provided by Commercial Edge

Office Spaces for Rent in Illinois

See trends for nearby markets

The Bloomingdale office market contains an inventory of 628,973 square feet of office space, in 16 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 Bloomingdale 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.