Burr Ridge Office Market Trends

Office Rental Market

  • $25.30 2019 Avg. Asking Rent
  • 11.04 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Burr Ridge was $25.30 per square foot, and the office vacancy rate across the market averaged 11.04 %. During 2019, developers added 0 square feet of new office space to the Burr Ridge 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

  • Burr Ridge Class A Office Buildings$26.56
  • Burr Ridge Class B Office Buildings$22.58
  • IL Class A Office Buildings$35.57
  • IL Class B Office Buildings$24.29
  • IL Class C Office Buildings$18.50

Burr Ridge, IL Office Asking Rents by Class

OFFICE CONSTRUCTION IN Burr Ridge, IL

  • Burr Ridge, IL Total Sqft completed in 2019 0
  • Burr Ridge, IL Total Sqft under construction in 2020 0
10 Largest Office Buildings in Burr Ridge
Building name Address Total Sqft Year built
1333 Burr Ridge Pkwy 1333 Burr Ridge Pkwy, 60527 149,312 1993
Estancia Corporate Centre - 150 Harvester Drive 150 Harvester Drive, 60527 107,714 2005
Burr Ridge Medical Center 6800 North Frontage Road, 60527 104,912 2011
800 Burr Ridge Pkwy 800 Burr Ridge Pkwy, 60527 82,720 1995
145 Tower Drive Business Center 145 Tower Drive, 60527 63,933 1970
Burr Ridge Business Center 745 McClintock Drive, 60527 62,148 1988
7020 High Grove Blvd 7020 High Grove Blvd, 60527 61,481 2000
1000 Burr Ridge Pkwy 1000 Burr Ridge Pkwy, 60527 57,222 2002
Burr Ridge Office Center 361 South Frontage Road, 60527 53,844 1979
High Ridge Office Complex 6860 North Frontage Road, 60527 53,226 2004
Largest Office Properties Recently Completed in Burr Ridge
Office building Address Sqft Completed
7600 South County Line Road 7600 South County Line Road, 60527 25,000 2018
Burr Ridge Medical Center 6800 North Frontage Road, 60527 104,912 2011
Metro Professional Center 901 McClintock Drive, 60527 46,095 2010
Estancia Corporate Centre - 150 Harvester Drive 150 Harvester Drive, 60527 107,714 2005
Estancia Corporate Center - 180 Harvester Drive 180 Harvester Drive, 60527 49,687 2005
High Ridge Office Complex 6860 North Frontage Road, 60527 53,226 2004
999 McClintock Drive 999 McClintock Drive, 60527 38,926 2004
15W060 North Frontage Road 15W060 North Frontage Road, 60527 45,684 2003
1000 Burr Ridge Pkwy 1000 Burr Ridge Pkwy, 60527 57,222 2002
15W030 North Frontage Road 15W030 North Frontage Road, 60527 39,690 2002
Data provided by Commercial Edge

Office Spaces for Rent in Illinois

See trends for nearby markets

The Burr Ridge office market contains an inventory of 1,332,964 square feet of office space, in 31 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 Burr Ridge 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.