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380 Commercial Real Estate Listings in Aurora, IL

Aurora, IL Commercial Real Estate

There are currently 380 commercial listings available in Aurora, IL. These listings include 104 commercial spaces that encompass a total of 2,778,133 square feet. Available commercial spaces in Aurora, IL range in size from 1 square feet to 357,000 square feet. A total of 243 off-market commercial properties located in Aurora, IL are also available for research.

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Aurora, IL Commercial Real Estate Market Overview

Location Photo

A suburb of Chicago, Aurora, Ill., is the second-most populous city in Illinois and part of the Illinois Technology and Research Corridor. The city is home to Aurora University and branches of both Waubonsee Community College and Rasmussen College. With 26% of residents older than 25 having a bachelor’s degree, the city also provides a solid talent base for companies.

A former manufacturing powerhouse and one of the first cities in the U.S. to have an all-electric street lighting system, the City of Lights is currently a regional transportation hub, boasting two train stations and multiple entrances to major highways. The city is also serviced by the Aurora Municipal Airport, which is located in Sugar Grove but administered by the City of Aurora.

A diversified local economy sustains demand for commercial real estate in Aurora. Top employers include companies such as construction and mining equipment manufacturer Caterpillar, insurance giant MetLife, and healthcare service providers such as Rush Copley and Provena Mercy medical centers, as well as the Dreyer Medical Clinic.

Aurora, IL Commercial Inventory Breakdown

In 2021 the Aurora, IL commercial real estate market totaled 2,337,292 square feet of office spaces, 4,480,155 square feet of office spaces with retail, and 26,863,661 square feet of industrial space.

Office Spaces

Total: 2,337,292 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 995,271 SqFt 42.58% of total office
100k to 500k SqFt 1,342,021 SqFt 57.42% of total office
By class:
Class B 2,286,994 SqFt 97.85% of total office
Class C 50,298 SqFt 2.15% of total office

Industrial

Total: 26,863,661 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 3,220,291 SqFt 11.99% of total industrial
100k to 500k SqFt 16,263,391 SqFt 60.54% of total industrial
500k to 1M SqFt 7,379,979 SqFt 27.47% of total industrial
By class:
Class A 17,899,575 SqFt 66.63% of total industrial
Class B 8,092,631 SqFt 30.12% of total industrial
Class C 871,455 SqFt 3.24% of total industrial
There are 16,263,391 square feet of commercial real estate properties between 100k to 500k square feet, representing 60.54% of the Aurora, IL industrial inventory. Class A assets total 17,899,575 square feet of industrial space, with an additional 8,092,631 square feet of Class B and 871,455 square feet of Class C properties.

Office Spaces with Retail

Total: 4,480,155 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 739,332 SqFt 16.5% of total office with retail
100k to 500k SqFt 3,052,823 SqFt 68.14% of total office with retail
500k to 1M SqFt 688,000 SqFt 15.36% of total office with retail

Aurora, IL Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total Sqft
Aurora, IL Office 38 403,449
Aurora, IL Retail 33 415,082
Aurora, IL Industrial 39 1,939,597
Aurora, IL Other 139 2,778,133
Ofice Icon

38

Office

Industrial Icon

39

Industrial

Retail Icon

33

Retail

Current local active listing encompass 5,536,261 square feet of commercial space for lease in Aurora. There are 38 active office listings, which amount to 403,449 square feet and account for 15% of commercial spaces on the market. Local retail availability includes 415,082 square feet across 33 listings. Current industrial offerings on the market amount to 1,939,597 square feet across a total of 39.

Employment in Aurora, IL

Employed Population 106,255

Employed population - Industry % Distribution

Management, business, science, and arts occupations

37%

Production, transportation, and material moving occupations

21%

Sales and office occupations

19%

Service occupations

17%

Natural resources, construction, and maintenance occupations

6%

In 2019, roughly 37% of a total of 106,255 employed in Aurora worked in Management, business, science, and arts occupations, followed by 21% in Production, transportation, and material moving occupations and 19% in Sales and office occupations.

Income per capita $32,650  Median household income $73,071

Household income

33%

Under $50k

31%

$50k - $100k

26%

$100k - $200k

10%

Over $200k

The median household income in Aurora stands at $73,071, with per capita income at $32,650. Households earning between $50k and $100k represent 31% of the total, while those earning over $200k make up 10%. Approximately 33% of Aurora households earn less than $50k per year.

Commuting in Aurora, IL

Mean travel time to work 33 minutes

Means of transportation to work

76.30%

Driving alone

11.20%

Carpool

6.70%

Public transit

0.00%

Bicycle

1.50%

Walking

1.20%

Other

3.10%

Work at Home

*Universe: Workers 16 and over

The mean travel time to work in Aurora in 2019 was 33 minutes. Around 76.30% of workers commute by Driving alone, 11.20% Carpool and 6.70% by Public transit.

Education in Aurora, IL

High school grad or higher 80%

Bachelor's degree or higher 34%

Population by minimum level of education

20%

No degree

21%

High school

24%

Some College

19%

Bachelor's

15%

Post-grad

*Universe: Workers 25 and over

An estimated 80% of Aurora residents aged 25 or over hold a high school degree or higher. Of those, 21% are high school graduates, 24% attended some college, 19% earned a bachelor's degree, with an additional 15% holding post-graduate degrees.

Aurora, IL Demographics

As of 2019, Aurora had a total population of 198,827, with a median age of 35.30 years. Roughly 68.20% of the total population was between the ages of 16 and 64 years old.