The Annex @ Oakbrook Center — Sale in Oak Brook, IL

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

Description

New 67,000 SF Office Prelease Opportunity at Oakbrook Center 67,000 SF Office Building - 8 Stories

Market Context

This office in Oak Brook, IL is listed for sale. It has been on the market for 195 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).

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