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Renovated Office Space in Oak Brook
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1550 Spring Rd, Oak Brook, IL 60523

Office space in amenity-rich Oak Brook market, renovated in 2023.

Space Size1,461 SF - 1,812 SF
Property Size23,997 SF
Days on Market2382

Property Features for 1550 Spring Rd

General Information

Standard status Active
Size 1,461 SF - 1,812 SF
Class B
Total Parking Spaces 73
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 23,997 SF
Year Built 1984
Tenancy Multiple

Spaces For Lease

at 1550 Spring Rd Contact us

Suite 110

Size
1,461 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 310

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 320

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 220

Size
1,812 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Suburban Real Estate Services
Listed By: Bryan Barus, CCIM, CPM · License #IL 478.008276
Source: Crexi
Added: Feb 12, 2020 Changed: Aug 18 Last Checked: Aug 20 at 3:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Suburban Real Estate Services

Investment Insights

Based on property information with market context.

Located at 1550 Spring Road, this office space is situated in the Oak Brook market. The property was renovated in 2023.

Key Highlights

  • Renovated in 2023
  • Strategic location
  • Located in amenity‑rich Oak Brook market

Property Analytics

Current Use

Richard Park Marriage Or Relationship Counselor Anxiety Treatment Center ... Physician John Fiene, LCSW Psychotherapist Dilek McCombs, PsyD, ... Physician Schwarz Lewis Design ... Architect

Suggested Use

Top Pick Building Supply Auto Repair Shop Grocery & Convenience Store Auto Parts Store Garden Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,400
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60523, IL

10,347
Population
4,601
Households
2.2
Avg Household Size
57
Median Age
64%
College-Educated
97%
High-School Grad
9.0 sq mi
ZIP Area
1,150
Density / Sq Mi
$114,418
Median Household Income
$85,172
Median Earnings
$776
Median Rent
$733,300
Median Home Value

Market

Lease Benchmarks for Oak Brook, IL

$22.55 /SF/Yr
Avg Asking Price
$17.5–$29.5 /SF/Yr
Price Range
26,429 SF
Avg Space Size

This space is priced 14% below the average of $22.55 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • EQ Technology Group 1100 Jorie Blvd #258, Oak Brook, IL 60523
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  • Cosatech 1415 W 22nd St, Oak Brook, IL 60523
  • MV Outsourcing 1415 22nd St, Oak Brook, IL 60523
  • Global Point IT Solutions 1100 Jorie Blvd, Oak Brook, IL 60523

Frequently Asked Questions

What type of property is this?
Office space - Office space in amenity-rich Oak Brook market, renovated in 2023.
Where is this office space located?
The property is located at 1550 Spring Rd Oak Brook, IL.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: Renovated in 2023; Strategic location; Located in amenity‑rich Oak Brook market
More about this property
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