Highlights
- The average rent for office space in Oakbrook Terrace is $31.77 per square foot, 1.11% higher compared to the previous year.
- The market’s vacancy rate stands at 24.68%, higher than the state average of Illinois, which is 24.54%.
2025 Office Space Rent & Sales
- $31.77 2025 Avg. Asking Rent
- 1.11% Y-o-Y Avg. Asking Rent Change
- 24.68% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Oakbrook Terrace?
Average asking rents for office space here stand at $31.77 per square foot. The local office market recorded an average vacancy rate of 24.68% in 2025, unchanged from 24.68% in 2024.
Oakbrook Terrace, 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.
What are the largest recent office completions in Oakbrook Terrace?
The largest recent office completion here is Oakbrook Terrace Corporate Center I at 325,116 square feet, completed in 1986. The next largest completions are One Lincoln Centre and One Parkview Plaza.
| Office building | Address | SF | Completed |
|---|---|---|---|
| One Parkview Plaza | 17W110 22nd Street, 60181 | 263,912 | 1993 |
| One Lincoln Centre | 18W140 Butterfield Road, 60181 | 307,370 | 1987 |
| Oakbrook Terrace Atrium | 17W220 22nd Street, 60181 | 56,414 | 1987 |
| 17W220 22nd Street | 17W220 22nd Street, 60181 | 56,414 | 1987 |
| 635 Butterfield Road | 635 Butterfield Road, 60181 | 55,829 | 1987 |
| Oakbrook Terrace Corporate Center I | 1901 South Meyers Road, 60181 | 325,116 | 1986 |
| Two TransAm Plaza | 2 TransAm Plaza, 60181 | 117,717 | 1985 |
| 1S660 Midwest Road (Comar I) | 1S660 Midwest Road, 60181 | 51,137 | 1985 |
| 1 TransAm Plaza | 1 TRANSAM PLAZA DR STE 320, 60181 | 6,755 | 1985 |
| Oakbrook Terrace Business Center | 17W703 Butterfield Road, 60181 | 55,928 | 1981 |
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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.