2023 Office Space Rent & Sales
- $22.70 2023 Avg. Asking Rent
- 12.19% 2023 Office Vacancy Rate
Aurora office price per square foot in 2023 was $22.70 on average. The local office market recorded an average vacancy rate of 12.19% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Illinois Class A & A+ Office Space$33.01
- Illinois Class B Office Space$25.97
- Illinois Class C Office Space$28.31
Aurora, IL Office Asking Rents by Class
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Office building | Address | SF | Completed |
---|---|---|---|
1295 Butterfield Road | 1295 Butterfield Road, 60502 | 71,157 | 2007 |
Office Condo Investment Opportunity | 3845 McCoy Dr, Suite 107, 60504 | 1,588 | 2007 |
Open Concept Office | 3845 McCoy Drive, Unit 103, 60504 | 1,313 | 2007 |
1585 Beverly Ct | 1585 Beverly Ct, 60502 | 99,000 | 2006 |
1585 Beverly Ct | 1585 Beverly Ct, 60502 | 99,000 | 2006 |
2280 White Oak Circle | 2280 White Oak Circle, 60502 | 46,000 | 2003 |
Rush-Copley Heart Insitute | 2088 Ogden Ave, 60504 | 41,961 | 2003 |
Ashton Pointe Outlot Endcap | 1167 N Eola Rd, 60502 | 5,000 | 2002 |
975 Meridian Lake Drive | 975 Meridian Lake Drive, 60504 | 74,300 | 2000 |
Two-Story, Single Tenant Office Building with Room for Expansion | 711 N Commons Drive, 60504 | 53,818 | 1998 |
Worth noting among recent office completions on the Aurora market is 1295 Butterfield Road, which is currently the largest new office development in the city, at 71,157 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Aurora commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.