Highlights
- The average rent for office space in Lombard is $25.05 per square foot, 1.10% higher compared to the previous year.
- The market’s vacancy rate stands at 19.23%, lower than the state average of Illinois, which is 24.54%.
2025 Office Space Rent & Sales
- $25.05 2025 Avg. Asking Rent
- 1.10% Y-o-Y Avg. Asking Rent Change
- 19.23% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Lombard?
Average asking rents for office space here stand at $25.05 per square foot. The local office market recorded an average vacancy rate of 19.23% in 2025, unchanged from 19.23% in 2024.
Lombard, IL Office Asking Rents by Class
What is the average office rent per square foot by property class in IL?
- Avg. Asking Rent Class A & A+$34.01
- Avg. Asking Rent Class B$25.49
- Avg. Asking Rent Class C$22.85
For comparison, the average rent for Class A and A+ office space in Illinois was $34.01 per square foot. The state-wide average for Class B space was $25.49 per square foot, and Class C office spaces averaged $22.85 per square foot.
Lombard, IL Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Eastern East-West Corridor | $28.03 | 21.78% |
| Itasca | $23.67 | 22.23% |
| Western East-West Corridor | $23.59 | 24.40% |
What are the largest recent office completions in Lombard?
The largest recent office completion here is 700 Butterfield Centre at 211,528 square feet, completed in 1984. The next largest completions are Woodlake Avalair and Highland Pointe I.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 720 Butterfield Centre | 720 E Butterfield, 60148 | 125,719 | 1991 |
| Woodlake Avalair | 800 Parkview Blvd, 60148 | 191,540 | 1990 |
| High Point Centre - 401-491 East Roosevelt Road | 401 East Roosevelt Road, 60148 | 143,715 | 1987 |
| 1910 S Highland Ave | 1910 S Highland Ave, 60148 | 52,564 | 1987 |
| Highland Pointe II | 377 Butterfield Road, 60148 | 187,620 | 1986 |
| 555 Waters Edge Lane | 555 Waters Edge Lane, 60148 | 29,120 | 1986 |
| Highland Pointe I | 333 Butterfield Road, 60148 | 188,951 | 1985 |
| One Imperial Place | 1 East 22nd Street, 60148 | 175,000 | 1985 |
| 700 Butterfield Centre | 700 E Butterfield, 60148 | 211,528 | 1984 |
| 450 East 22nd Street | 450 East 22nd Street, 60148 | 68,388 | 1984 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
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 Yardi Research Data can guarantee that the information provided is complete.