Oak Brook Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Oak Brook is $30.21 per square foot, 4.31% higher compared to the previous year.
  • The market’s vacancy rate stands at 23.74%, lower than the state average of Illinois, which is 24.54%.

2025 Office Space Rent & Sales

  • $30.21 2025 Avg. Asking Rent
  • 4.31% Y-o-Y Avg. Asking Rent Change
  • 23.74% 2025 Office Vacancy Rate
  • $38.8M2025 Total Office Sales
  • $49.09Avg. Sale Price/SF

What is the average asking rent price for office space in Oak Brook?

Average asking rents for office space here stand at $30.21 per square foot. The local office market recorded an average vacancy rate of 23.74% in 2025, unchanged from 23.74% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $38.8M across 6 sales. These transactions commanded an average sale price per square foot of $49.09.

Oak Brook, 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.

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2025 Office Sales Volume

  • $49.092025 Avg. Price per SF
  • $38.8M2025 Office Sales Volume
  • 62025 Number of Transactions

What is the average sale price per square foot for office space in Oak Brook?

Average sale prices for office space in this market recorded a -58.48% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $49.09 per square foot. For comparison, the statewide Illinois average during the same time period stood at $63.61 per square foot, while the national average was $182.48 per square foot.

Oak Brook, IL Sale Price per SF Trend

  • Oak Brook Avg. Sale Price per SF in 2025$49.09
  • Illinois Avg. Sale Price per SF in 2025$63.61

What was the total office sales volume in Oak Brook in 2025?

The local office market recorded 6 deals in 2025, adding up to a yearly sales volume of $38.8M.

  • Oak Brook, IL Total Office Sales Volume in 2025 $38.8M
  • Oak Brook, IL Total Number of Office Sales Closed in 2025 6
Data provided by Yardi Research

Office Construction in Oak Brook, IL

What are the largest recent office completions in Oak Brook?

The largest recent office completion here is The Crossings at 304,510 square feet, completed in 1985. The next largest completions are Drake Oak Brook Office Park and Commerce Plaza II.

Office building Address SF Completed
1400 16th St 1400 16th St, 60523 70,000 1991
701 Harger Rd 701 Harger Rd, 60523 63,345 1986
The Crossings 1420 Kensington Road, 60523 304,510 1985
1550 Spring Road 1550 Spring Road, 60523 23,997 1984
One Oakbrook Terrace 18W200 22nd Street, 60181 161,373 1983
Hamburger University 2715 Jorie Blvd, 60523 111,306 1983
619 Enterprise Drive 619 Enterprise Drive, 60523 24,231 1983
Drake Oak Brook Office Park 2211 York Road, 60523 251,942 1981
Commerce Plaza II 2015 Spring Road, 60523 171,723 1980
2001 Midwest Road 2001 Midwest Road, 60523 47,674 1980
Data provided by Yardi Research

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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.