Oak Brook, IL
Commercial Real Estate Market Trends & Data

Oak Brook's Demographic Profile

Oak Brook has 3,209 households and a median income of $135,416, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 7,959
# Households 3,209
Median age 56
Median household income $135,416
Avg household size 2.0
Renter-occupied housing units 447
5-year population change +2%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Clarendon Hills $290 4,241 SF 10.21%
Hinsdale $199 43,042 SF 10.21%
Westmont $258 26,754 SF 10.21%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Oak Brook $357 82,877 SF 5.75%
Westmont $357 12,038 SF 5.75%
Nearby Retail Markets Avg Cost/SF Typical Size
Oak Brook $386 18,831 SF
Westmont $456 24,437 SF
Westchester $211 6,237 SF
Hillside $137 7,215 SF
Villa Park $380 5,727 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Melrose Park $176 5,956 SF 10.95%
Forest Park $237 4,600 SF 8.35%
River Forest $176 5,956 SF 10.95%
Berwyn $125 20,219 SF 10.09%

Commercial Properties For Sale in Oak Brook

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Legacy Shops of Elmhurst

Elmhurst, IL 60126

  • 6,400 SF Retail Building
  • 7.00% Cap Rate
  • $2,481,000
For Sale

55 Ogden Ave

Clarendon Hills, IL 60514

  • 4,923 SF Office Building
  • $1,100,000
For Sale

50 W Ogden Ave

Westmont, IL 60559

  • 23,164 SF Retail Building
  • 5.75% Cap Rate
  • $14,000,000
For Sale

Supreme Auto Transmission

Villa Park, IL 60181

  • 4,960 SF Retail Building
  • 7.83% Cap Rate
  • $1,895,000
For Sale

22nd St Plaza

Lombard, IL 60148

  • 40,800 SF Retail Building
  • 8.80% Cap Rate
  • $6,900,000
For Sale

737 Blackhawk Dr

Westmont, IL 60559

  • 8,028 SF Industrial Building
  • $1,950,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Oak Brook pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Oak Brook $221 45,996 SF
Oakbrook Terrace $102 69,354 SF
Clarendon Hills $218 5,188 SF
Hinsdale $199 33,281 SF
Westmont $295 25,033 SF

Regional Demographic Comparison

This comparison places Oak Brook alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Oak Brook or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Oak Brook 7,959 3,209 56 $135,416 2 447 2%
Oakbrook Terrace 3,913 1,822 39 $76,731 2 1,075 5%
Clarendon Hills 8,538 3,064 41 $114,737 3 669 -2%
Hinsdale 20,803 6,974 44 $219,866 3 899 3%
Westmont 24,974 10,560 42 $80,790 2 4,610 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Oak Brook, IL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Oak Brook

View All Commercial Real Estate For Sale in Oak Brook
Is Oak Brook a good market for a first-time commercial real estate investor?

Oak Brook offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Oak Brook?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Oak Brook. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Oak Brook?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Oak Brook. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Oak Brook compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Oak Brook. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Oak Brook acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Oak Brook, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.