Oakbrook Terrace Office Space

Oakbrook Terrace

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
4,410
As of: December 7, 2016

Oakbrook Terrace Rates

Most listings are in the $20's per square foot per year. The Oakbrook Terrace submarket is going through a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Chicagoland market, the Oakbrook Terrace region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Oakbrook Terrace Listing Supply

In the last 90 days, 10 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 4,410 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 5 stories. Most buildings in this market were built in 1985 and are Class A.

Oakbrook Terrace Community

Market Report

Trends and status of the commercial real estate market in Oakbrook Terrace.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Oakbrook Terrace.
Research