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Office Space for Rent in Aurora, IL - 33 Listings

Aurora, IL - Office Market Overview

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The Aurora office market includes the Butterfield-Cambridge Countryside, Deerpath Commerce Center - Orchard Road, and Laurel Ridge office submarkets. With a population of just over 200,000 people, Aurora is also part of the much larger Chicagoland metropolitan area, which is home to over 7.3 million residents. This, along with the diverse mix of industry in Aurora, consistently creates demand for white collar office space within the region.

As of mid-2017, the Aurora office market encompasses nearly 1.7 million square feet of existing office space in properties larger than 50,000 square feet. Once a medium-sized manufacturing town, Aurora is now the second-largest city in the State of Illinois because of the wide mix of industry the city attracts, all of which help to drive the commercial real estate market in Aurora.

Aurora, IL - Office Inventory Description

Aurora is located right on the outer edge of the Chicago metropolitan area, and makes its contribution to the region's annual gross metropolitan product of just under $480 billion. While all of the office buildings in Aurora that are larger than 50,000 square feet are Class B, need for Class A office space and current demand for white collar office employment in Aurora remain strong.

The Meridian Business Campus office submarket consistently sees dynamic demand from Class A office tenants and investors alike. Located along State Route 59, between North Aurora Road and East New York Street, the area is home to investment-grade office buildings such as the Meridian Business Campus - 750 North Commons Drive, the Meridian Business Campus - 905 Meridian Lake Drive, and the Meridian Business Campus - 3901 Liberty Street.

Aurora, IL Commercial Inventory Breakdown

Office Spaces

Total: 2,162,437 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 944,416 SF / 43.67% of total office
  • 100k to 500k SF: 1,218,021 SF / 56.33% of total office

By class:

  • Class B: 2,112,139 SF / 97.67% of total office
  • Class C: 50,298 SF / 2.33% of total office

Top 10 Largest Office Buildings

in Aurora

Office building Address Sqft Year built
177 South Commons Drive 177 South Commons Drive, 60504 293,810 1975
Meridian Business Campus - 750 North Commons Drive 750 North Commons Drive, 60504 204,728 1996
Meridian Business Campus - 870 North Commons Drive 870 North Commons Drive, 60504 200,000 2000
Rush Copley Physicians Office Buildings I & II 2020 Ogden Avenue, 60504 155,468 1998
2245 Sequoia Drive 2245 Sequoia Drive, 60506 116,545 1989
Fox Valley Executive Center 75 Executive Drive, 60504 107,087 1983
Farnsworth Center for Business - 1245 Corporate Blvd 1245 Corporate Blvd, 60505 96,213 1984
Presence Mercy Medical Center 1315 North Highland Avenue, 60506 89,801 1993
2285 Sequoia Drive 2285 Sequoia Drive, 60506 75,000 2016
1221 North Highland Avenue 1221 North Highland Avenue, 60506 74,823 1993

Most Recently-Built Office Buildings

in Aurora

Office building Address Sqft Year built
2285 Sequoia Drive 2285 Sequoia Drive, 60506 75,000 2016
2635 Church Road 2635 Church Road, 60505 33,000 2013
2124 Ogden Avenue 2124 Ogden Avenue, 60504 52,849 2009
Parkway Place at Meridian 4222 Meridian Pkwy, 60504 45,763 2008
Vastu Commons 3817 McCoy Drive, 60504 25,885 2008
McCarty Center 3909 75th Street, 60504 49,369 2007
Waterford Professional Center 1256 Waterford Drive, 60504 41,000 2007
1975 Melissa Lane 1975 Melissa Lane, 60506 61,347 2006
Meridian Business Campus - 4255 Meridian Pkwy 4255 Meridian Pkwy, 60504 44,120 2005
Rush Copley Campus - Rush Copley Medical Office 2088 Ogden Avenue, 60504 33,000 2004

Aurora, IL - Green Office Space

Employment

The City of Aurora understands the importance of green office space to both tenants and office building investors. After all, the City of Chicago ranks #1 for energy efficient office buildings among the top 30 major office markets in the U.S. Even though all of the larger office space in Aurora is Class B, local developers are doing what it takes to provide green office space to tenants and investors. About 7% of the office buildings in Aurora are green, with nearly 294,000 square feet of energy-efficient office space.

One example of a LEED certified office building in Aurora is the 177 South Commons Drive property. Located in the Laurel Ridge commercial real estate submarket of Aurora, this nearly 294,000 square foot building was constructed in 1975 and holds a LEED Gold certification.

The most recent National Green Building Adoption Index was conducted in 2017, and discovered that amongst the top 30 office markets in the country, the percentage of green, LEED, and EPA Energy Star-certified office buildings has increased by more than 33% over the past 12 years. In the greater Chicago area, over 6% of the larger office buildings are LEED certified, more than 16% rank as EPA Energy Star certified, and over 18% are certified as green office buildings.

Aurora, IL's Top Office-Using Sectors

While still playing host to a variety of manufacturing businesses, the Aurora IL commercial real estate and office market is also heavily driven by top office-using business sectors such as high technology, healthcare, and large corporate office users.

  • High Technology – Demand for white collar office space in the Aurora metropolitan area is generated by businesses such as Acxiom, APL Logistics, Nokia, and Telabs.
  • Manufacturing – Caterpillar, ConAgra Foods, and Sara Lee are three of the most well-known businesses in this office-using sector in Aurora, IL.
  • Healthcare – Rush-Copley Medical Center, Provena Mercy Medical Center, and the Dreyer Medical Clinic all create demand for white collar employment in Aurora.
  • Corporate Headquarters – Top users of office space in the region include Ace Hardware, Dover Corporation, First Alert, Navistar, Nissan Motors, MetLife, and Microsoft.

Aurora Demographics

Population

  • Total Population200,946
  • Male Population(49.4 %) 99,195
  • Female Population(50.6 %) 101,751
  • Median Age32.80

Income/Financial

  • Average Household Income$88,151
  • Median Household Income$66,848
  • Median Income Under 25$44,567
  • Median Income 25-44$66,949
  • Median Income 45-64$83,889
  • Median Income Over 65$43,292

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