Oakbrook Commons — Sale in Oak Brook, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Oak Brook, IL 60523

Description

Integrated into a new mixed-use community at the epicenter of the Oak Brook submarket, T3 is the ideal building in the perfect location for any company trying to attract and retain top quality talent. Oak Brook Commons will deliver 300+ new residences, retail, food and beverage, a hotel, and a park. All of this is directly across from Oakbrook Center, Chicago’s most successful shopping center with over 160+ shops, 40+ restaurants, and 25 million visitors per year.

Market Context

This office in Oak Brook, IL is listed for sale. It has been on the market for 196 days. Compare it against other office listings for sale in Oak Brook, IL — view the full market.

As of Q1 2026, the Chicago office market showed a 26.9% vacancy rate, average asking rents near $45.41/SF/yr, rents up 5.2% year over year, and cap rates around 9.8%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Chicago?
About 9.8% as of Q1 2026, per multiple brokerage reports.
Is the Chicago office market tightening or softening?
Vacancy is around 26.9%, with asking rents rising year over year (Q1 2026).

Contact

Explore this market

Similar Office for Sale in Oak Brook, IL