Commercial Real Estate Market in Oakbrook Terrace, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
26 active listings and 188 off-market properties in Oakbrook Terrace, IL. Commercial property asks $64/SF to buy and $19.20/SF/Yr to lease.
Market Trends
Oakbrook Terrace, IL spans 6.5 square miles in DuPage County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Oakbrook Terrace, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Oakbrook Terrace, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Oakbrook Terrace, IL runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Oakbrook Terrace, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Oakbrook Terrace, IL has 29,821 residents in 12,485 households. Density runs 4,582 people per square mile. Median household income here is $90,375 and median gross rent $1,619 a month.
29,821
Population
12,485
Households
2.4
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
6.5 sq mi
ZIP Area
4,582
Density / Sq Mi
$90,375
Median Household Income
$47,191
Median Earnings
$1,619
Median Rent
$294,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lombardville | — | — |
| Villa Park | — | — |
| Lombard | — | $16.96 |
| Elmhurst | — | $19.92 |
Commercial property in Oakbrook Terrace, IL asks $64/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Oakbrook Terrace?
Commercial property in Oakbrook Terrace, IL asks an average of $64 per square foot. The 8 most recent recorded sales traded at a median of $264/SF.
How much does it cost to lease commercial space in Oakbrook Terrace?
Asking lease rates in Oakbrook Terrace, IL average $19.20 per square foot per year.
Where does Realmo's Oakbrook Terrace market data come from?
Realmo compiles Oakbrook Terrace, IL figures from 8 recent recorded sales, 10 active sale listings, 16 active lease listings, 188 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 16 active for-lease listings in Oakbrook Terrace, IL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
