Office for Sale in Burbank, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Burbank, IL 60459
- Size: 27,900 SF
Description
Now Available for Sale: Office located at 4901 W 79th St.
Market Context
This office in Burbank, IL is listed for sale across 27,900 SF. It has been on the market for 119 days. Compare it against other office listings for sale in Burbank, IL — <a href="/search/sale/office/illinois/burbank">view the full market</a>.
As of Q1 2026, the Greater Los Angeles office market showed a 14.7% vacancy rate, average asking rents near $35.40/SF/yr, rents up 0.7% year over year, and cap rates around 5.8%. Source: Consensus Q1 2026 market report.
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 Greater Los Angeles?
- About 5.8% as of Q1 2026, per Consensus.
- Is the Greater Los Angeles office market tightening or softening?
- Vacancy is around 14.7%, with asking rents rising year over year (Q1 2026).
Unified Estimate
Medium Confidence$26.32/SF – $35.62/SF
Mid: $30.97/SF
Total estimate for 27,900 SF: $864,063
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Jason McKee — JLL · 3096923672 · jason.mckee@jll.com
- Jason McKee · jason.mckee@jll.com
- Jeremy Adams · jeremy.adams@jll.com
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