Oak Brook, Illinois

Commercial

Real Estate Market

Long time and former home to McDonald's HQ.  They're headed downtown to occupy the old Harpo Studios building.  Hint: that's Oprah spelled backward...

Has an Apple store, which I visit a lot...

Fun Facts About Oak Brook!

Home to one of the largest open-air shopping malls in the country - Oak Brook Center. 

Oak Brook, Illinois Office Space Market

You could easily say the Oak Brook office market is the epitome of an epicenter for office space in the west suburbs of Chicago.   You'll find much of the available 1.1 million square feet of office space along Cermak Rd (A.K.A. 22nd St.) and highly visible from the I-88 (the east-west) expressway.  

This area is highly car-dependent, but loaded with high-end retail options for shopping and numerous restaurant options which you can hit over the lunch hour or after the day's end. 

Looking to lease office space in Oak Brook?  Expect to see ask rates somewhere in the range of $12.00 - $28.00 per square foot depending on lease type, building class and use.  

Need help finding and securing Office Space for lease in Oak Brook?  

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Oak Brook, Illinois Industrial Space Market

Industrial space in Oak Brook is practically non-existent.  If you're looking for a manufacturing, warehouse or distribution facility, look somewhere else.   Addison, just to the north of Oak Brook, provides infinitely more possibilities.     

 

As of the date of this page update, there were no available listed industrial spaces for lease in Oak Brook.

Need help finding and securing Industrial Space for lease in Oak Brook (more likely, the surrounding area)?  

Contact Us.

Oak Brook, Illinois

Retail Space Market

Nestled amongst the plethora of the office buildings in Oak Brook, you'll find various options for placing your retail or restaurant business.  A solid restaurant can do really well here.  

 

Shopping is a significant draw to the area with multiple available retail locations, like the famed Oak Brook Center.  The affluent demographic in the immediate vicinity also helps to provide existing and would-be retailers with a captive, buyer-friendly audience.

Lease rates vary in Oak Brook, starting out generally in the high teens and settling close $35 per square foot on the high end.  

 

Need help finding and securing Retail Space for lease in Oak Brook?  

Contact Us.

Last Update: 11/6/17

© 2018 by Monticello Real Estate Holdings and Investments, LLC