Woodridge, IL Office Space: 2026 Market Guide for Tenants

Data as of October 2026 | Last updated October 13, 2026

Woodridge office vacancy is 17% across the 12 multi-tenant buildings Tenant Advisors tracks, the second-lowest of the 12 East-West Corridor cities. Class B asks about $20–$23/SF gross; the limited Class A-quality space runs about $25–$28/SF.

Net absorption was a modest +8,600 SF over the past year. Tenant Advisors, Inc. represents only tenants in Woodridge and the East-West Corridor office market, at no cost to tenants. Call (847) 778-0296.

Key Takeaways

  • Vacancy is 17% across 12 tracked multi-tenant buildings.
  • Net absorption over the past 12 months: +8,600 SF.
  • Class B asks about $20–$23/SF gross; limited Class A-quality space about $25–$28/SF.
  • The largest available block is about 23,000 SF at MidPoint II.

Woodridge Office Market Facts and Figures

Tenant Advisors tracks multi-tenant office buildings in Woodridge, the competitive set where most tenants of 3,000 to 50,000 SF lease space. Owner-occupied buildings are excluded.

MetricWoodridge
Tracked buildings12
Vacancy rate17%
Net absorption, trailing 12 months+8,600 SF
Class A asking rent$25–$28/SF gross (limited Class A supply)
Class B asking rent$20–$23/SF gross
Free rent1–1.5 months per lease year
Tenant improvement allowance$6–$8/SF per lease year (Class A)
Sublease space availableLittle to none in tracked buildings
New constructionNone
Most available space in one building~23,000 SF (MidPoint II, 7135 Janes Ave.)

Figures reflect Tenant Advisors’ market tracking of multi-tenant office buildings in Woodridge. Rents and concessions are Tenant Advisors’ tracked-transaction ranges, quoted full-service gross. Data is updated quarterly.

Is Woodridge Office Space Filling Up or Emptying Out?

Holding steady, with a small gain. Woodridge absorbed +8,600 SF over the past year. With vacancy at 17%, tenants still have plenty of choice, but the market is not losing ground.

What Are the Notable Office Buildings in Woodridge?

BuildingAddressSize (SF)BuiltClass% LeasedAvailable (SF)
MidPoint One and II7125–7135 Janes Ave.99,3522000–2001B55%25,148
North Waterfall Glen (2 buildings)9014–9018 Heritage Pkwy.70,2942003–2008B100%28,405
3540 Seven Bridges Dr.3540 Seven Bridges Dr.36,7332002B73%9,921
Hobson Road offices (2 buildings)3550–3590 Hobson Rd.48,9481986–1989B82%9,766

Available SF includes direct and sublease space, including space coming available. Tenant Advisors market tracking, October 2026.

MidPoint One and II, 7125–7135 Janes Ave.

About 99,000 SF across 2 buildings, Class B, built 2000–2001. About 55% leased with roughly 25,000 SF available.

North Waterfall Glen (2 buildings), 9014–9018 Heritage Pkwy.

About 70,000 SF across 2 buildings, Class B, built 2003–2008. Fully leased today, with about 28,000 SF coming available.

3540 Seven Bridges Dr.

37,000 SF, Class B, built 2002. About 73% leased with roughly 10,000 SF available.

Is There Sublease Office Space in Woodridge?

Very little in the buildings Tenant Advisors tracks. Tenants who want sublease options nearby usually look at Downers Grove, or ask us to check for space coming available. See our Chicago office sublease guide.

How Does Woodridge Compare With Other East-West Corridor Cities?

CityVacancy12-mo net absorption (SF)Asking rent, grossTracked buildings
Naperville26%-10,500A $28–$32; B $23–$2666
Oak Brook27%-69,000A $34–$38; B $24–$2852
Downers Grove23.5%-2,000A $31–$35; B $24–$2736
Lombard29.5%+15,400A $28–$32; B $21–$2431
Oakbrook Terrace22%+86,900A $30–$34; B $23–$2623
Lisle31%+10,900A $27–$31; B $22–$2523
Wheaton17.5%-6,800A $24–$27; B $20–$2317
Aurora20.5%-18,300A $26–$29; B $21–$2415
Burr Ridge29%-2,100A $28–$32; B $23–$2613
Warrenville24%-21,600A $27–$30; B $21–$2412
Woodridge17%+8,600A $25–$28; B $20–$2312
Willowbrook15.5%+3,000A $24–$27; B $19–$228

Tenant Advisors market tracking, multi-tenant office buildings, October 2026. Rents are Tenant Advisors’ tracked-transaction figures per SF per year.

Where Is the Leverage in Woodridge Right Now?

Selectively. At 17%, Woodridge is one of the tighter cities in the corridor, so leverage comes from pricing alternatives rather than from any one landlord’s vacancy. Woodridge competes with Downers Grove, Lisle, Willowbrook and Burr Ridge for the same tenants, and pricing those options against each other is the most effective lever.

What Should Tenants Negotiate on a Woodridge Office Lease in 2026?

  • Rent: target effective rent after concessions, not the asking rate.
  • Free rent: 1 to 1.5 months per year of lease term, or 5 to 7.5 months on a 5-year lease.
  • Tenant improvement allowance: $6 to $8/SF per year of lease term in Class A ($30 to $40/SF on a 5-year lease) and about $3 to $6/SF per year in Class B. Get build-out pricing before you negotiate this number.
  • Ownership protection: a non-disturbance agreement and build-out funding that survive a sale or foreclosure.
  • Operating expense caps: 4% to 6% annually on controllable expenses.
  • Flexibility: expansion, contraction and sublease rights, negotiated upfront.
  • Parking: included in rent for the full term with no separate escalation.

Why Do Companies Lease Office Space in Woodridge?

Woodridge sits along I-355 just north of I-55, with its office buildings on Janes Avenue, Heritage Parkway, Seven Bridges Drive and Hobson Road. Its mostly Class B buildings offer quick access to both interstates at rents below Downers Grove and Lisle, and draw professional services, healthcare and engineering tenants. For the full market picture, see our East-West Corridor office market page.

Frequently Asked Questions

What is the office vacancy rate in Woodridge, IL in 2026?

Woodridge multi-tenant office vacancy is 17% as of October 2026 across the 12 buildings Tenant Advisors tracks. Net absorption over the past 12 months was +8,600 SF.

How much does office space cost in Woodridge, IL?

Class B office space in Woodridge asks about $20–$23/SF gross, and the limited Class A-quality space about $25–$28/SF. Tenants running a competitive process typically pay less once free rent and build-out dollars are counted.

What is the largest office property in Woodridge?

MidPoint One and II at 7125–7135 Janes Ave., about 99,000 SF, is the largest multi-tenant office property in Woodridge that Tenant Advisors tracks.

Is there sublease office space in Woodridge?

Very little in the multi-tenant buildings Tenant Advisors tracks. Nearby cities such as Downers Grove have more.

How much free rent can I get on a Woodridge office lease?

Tenants are getting 1 to 1.5 months of free rent per year of lease term, or 5 to 7.5 months on a 5-year lease, plus tenant improvement allowances of $6 to $8/SF per lease year in Class A.

Who represents tenants in Woodridge office leases?

Tenant Advisors, Inc., founded in 2004 by Tom Koelzer and Dave Ven Horst, represents only office tenants in Woodridge and the East-West Corridor. The firm never represents landlords, and tenants pay nothing for the service. Contact Tom Koelzer at (847) 778-0296 or tkoelzer@tenantadvisors.com.


About the authors: Tom Koelzer (Co-Founder & Managing Partner, LinkedIn) and Dave Ven Horst (Co-Founder & Managing Broker, LinkedIn) founded Tenant Advisors, Inc. in 2004. Both have worked in Chicago office leasing since 1986, and the firm has negotiated more than 2,000 office leases, representing tenants only. Benchmark your Woodridge lease against the market: (847) 778-0296 | tkoelzer@tenantadvisors.com.

Explore Nearby Office Markets

East-West Corridor office market • Downers Grove office space • Lisle office space • Willowbrook office space • Burr Ridge office space • All Chicago suburban office markets

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