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Burr Ridge

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Burr Ridge Office & Commercial Space

Located within both Cook and DuPage counties, Burr Ridge is a suburb of Chicago, the largest metropolitan area in the Midwest United States. With a residential population of less than 11,000, Burr Ridge offers business owners a quiet, tranquil community environment that may prove to be conducive for those seeking office space for rent within the neighborhood zones of this area. Commercial space for rent in Burr Ridge and other rental properties for lease here are moderately affordable compared to many regions in the state, and will serve as an excellent foundation for those hoping to create a solid foundation for future economic growth and prosperity within the state of Illinois.

Burr Ridge Economic Overview

With a median household income markedly above state averages, the residents of Burr Ridge are largely situated within the upper-middle class economic bracket. Common occupations for Burr Ridge residents include positions within industries such as healthcare and manufacturing. Due to the large number of professional services found here, Burr Ridge fared quite well during the 2008 economic crisis, with unemployment rates staying much lower than in other areas of the state. Business owners seeking to establish a presence in Burr Ridge can take full advantage of the relatively affluent nature of the local population.

Burr Ridge At A Glance

National attention first fell on Burr Ridge in 1917, when the International Harvester Company tested the world’s first tractor here. Over the last century, Burr Ridge has become a haven for many of Illinois’ more wealthy residents. The community is largely homogeneous on an ethnic level, and does not feature the level of commercial or cultural diversity found in more densely populated regions of the state. That being said, the population of Burr Ridge has risen somewhat steadily over the past 40 years.

Where To Lease In Burr Ridge

As Burr Ridge is somewhat small from both a geographical and population perspective, business owners seeking office space for lease here may find it difficult initially to locate a property that closely matches their desired preferences. That being said, the close-knit nature of Burr Ridge has created an ideal environment in which the location of a business does not necessarily affect its success as much as it could in more densely populated or competitive locations.

Learn More About Burr Ridge

Market Report

Trends and status of the commercial real estate market in Burr Ridge.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Burr Ridge.