Office Rental Market
- $24.54 2019 Avg. Asking Rent
- 18.34 % 2019 Avg. Vacancy Rate
- 0 2019 Office Completions (Sqft)
- 0 2020 Estimated Pipeline (Sqft)
Average Office Asking Rents by Class
2019 Average Office Rent per Square Foot
- Warrenville Class A Office Buildings$26.90
- Warrenville Class B Office Buildings$23.08
- Warrenville Class C Office Buildings$15.06
- IL Class A Office Buildings$35.57
- IL Class B Office Buildings$24.29
- IL Class C Office Buildings$18.50
Warrenville, IL Office Asking Rents by Class
Office asking rents vary across the Warrenville office market depending on several factors, one of which is property class. While rents for Class A office buildings in Warrenville averaged $26.90 per square foot in 2019, Class B office properties garnered average rental rates of $23.08 per square foot. Rental rates for Class C office property in Warrenville averaged $15.06 per square foot. On a statewide level, Class B office space rents averaged $24.29 per square foot, while rents for Class A office space across Illinois averaged $35.57 per square foot. On average, Class C office properties in Illinois commanded rents of $18.50 per square foot.
OFFICE CONSTRUCTION IN Warrenville, IL
- Warrenville, IL Total Sqft completed in 2019 0
- Warrenville, IL Total Sqft under construction in 2020 0
Building name | Address | Total Sqft | Year built |
---|---|---|---|
4201 Winfield Road | 4201 Winfield Road, 60555 | 249,996 | 2000 |
Cantera Meadows West | 28100 Torch Parkway, 60555 | 203,842 | 1997 |
Canterra Meadows East | 4101 Winfield Road, 60555 | 167,215 | 2002 |
Cornerstone II at Cantera | 4300 Winfield Road, 60555 | 153,801 | 2000 |
Cornerstone I at Cantera | 4320 Winfield Road, 60555 | 153,540 | 1998 |
27201 Bella Vista Pkwy | 27201 Bella Vista Pkwy, 60555 | 148,000 | 2008 |
28301 Ferry Road | 28301 Ferry Road, 60555 | 136,234 | 1999 |
4405 & 4455 Weaver Pkwy | 4405 Weaver Pkwy, 60555 | 102,216 | 2010 |
Keystone at Cantera | 4525 Weaver Pkwy, 60555 | 91,657 | 2001 |
Cantera Lakes Office Campus | 28381 Davis Pkwy, 60555 | 90,000 | 2006 |
Office building | Address | Sqft | Completed |
---|---|---|---|
4405 & 4455 Weaver Pkwy | 4405 Weaver Pkwy, 60555 | 102,216 | 2010 |
27201 Bella Vista Pkwy | 27201 Bella Vista Pkwy, 60555 | 148,000 | 2008 |
27601 Bella Vista Pkwy | 27601 Bella Vista Pkwy, 60555 | 42,400 | 2007 |
Cantera Lakes Office Campus | 28381 Davis Pkwy, 60555 | 90,000 | 2006 |
27501 Bella Vista Pkwy | 27501 Bella Vista Pkwy, 60555 | 40,000 | 2006 |
Canterra Meadows East | 4101 Winfield Road, 60555 | 167,215 | 2002 |
Keystone at Cantera | 4525 Weaver Pkwy, 60555 | 91,657 | 2001 |
4575 Weaver Pkwy | 4575 Weaver Pkwy, 60555 | 66,600 | 2001 |
Warrenville Office Center | 3S701 West Avenue, 60555 | 46,556 | 2001 |
Warrenville Office Center | 3S701 West Avenue, 60555 | 46,556 | 2001 |
Office Spaces for Rent in Illinois
See trends for nearby markets
The Warrenville office market contains an inventory of 2,527,425 square feet of office space, in 44 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 Warrenville 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.