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358 Commercial Real Estate Listings in Aurora, IL

Aurora, IL Commercial Real Estate

There are currently 359 commercial listings available in Aurora, IL. These listings include 119 commercial spaces that encompass a total of 4,376,760 square feet. Available commercial spaces in Aurora, IL range in size from 1 square feet to 392,973 square feet. A total of 249 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 2022 the Aurora, IL commercial real estate market totaled 2,274,072 square feet of office spaces, 4,480,155 square feet of office spaces with retail, and 27,504,696 square feet of industrial space.

Office Spaces

Total: 2,274,072 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 1,056,051 SqFt 46.44% of total office
100k to 500k SqFt 1,218,021 SqFt 53.56% of total office
By class:
Class B 2,218,072 SqFt 97.54% of total office
Class C 56,000 SqFt 2.46% of total office

Industrial

Total: 27,504,696 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 3,155,691 SqFt 11.47% of total industrial
100k to 500k SqFt 16,969,026 SqFt 61.7% of total industrial
500k to 1M SqFt 7,379,979 SqFt 26.83% of total industrial
By class:
Class A 18,604,830 SqFt 67.64% of total industrial
Class B 8,028,411 SqFt 29.19% of total industrial
Class C 871,455 SqFt 3.17% of total industrial
There are 16,969,026 square feet of commercial real estate properties between 100k to 500k square feet, representing 61.7% of the Aurora, IL industrial inventory. Class A assets total 18,604,830 square feet of industrial space, with an additional 8,028,411 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 SF
Aurora, IL Office 26 396,248
Aurora, IL Retail 24 372,058
Aurora, IL Industrial 34 3,179,275
Aurora, IL Other 112 4,376,760
Ofice Icon

26

Office

Industrial Icon

34

Industrial

Retail Icon

24

Retail

Current local active listing encompass 8,324,341 square feet of commercial space for lease in Aurora. There are 26 active office listings, which amount to 396,248 square feet and account for 13% of commercial spaces on the market. Local retail availability includes 372,058 square feet across 24 listings. Current industrial offerings on the market amount to 3,179,275 square feet across a total of 34.

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 2020, 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 2020 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 2020, 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.

Market News

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