Buffalo Grove, Lake County, IL Commercial Real Estate for Lease and Sale

Explore 43 listings of Buffalo Grove commercial real estate for lease and for sale to find the best space for your business.

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The Grove

NEC Lake Cook Road & Route 83, Buffalo Grove, IL
Property

Retail

117,367 SF
Availability

5 Spaces

10,369 SF
For Lease Contact for pricing
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1401 Mchenry rd suit 124 Buffalo grove il

1401 Mchenry rd suit 124 Buffalo grove il, Buffalo Grove, IL
Property

Office

1,641 SF
Availability

1 Space

1,641 SF
Year Built

2005
For Lease

$13.00 - $14.00/SF/YR
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New High Profile Retail Space

Lake Cook Rd & McHenry Rd, Buffalo Grove, IL
Property

Retail
Availability

1 Space

4,000 Acre
For Lease Contact for pricing
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909 Asbury Drive

909 Asbury Drive, Buffalo Grove, IL
Property

Industrial

61,231 SF
Availability

1 Space

61,231 SF
Year Built

1989
For Lease Contact for pricing
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Riverwalk I

2150 East Lake Cook Road, Buffalo Grove, IL
Property

Office

253,363 SF
Availability

20 Spaces

93,328 SF
Year Built

1990
For Lease

$28.41/SF/YR
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1450 Busch Parkway

1450 Busch Pky, Buffalo Grove, IL
Property

Office

64,860 SF
Availability

5 Spaces

43,816 SF
Year Built

2005
For Lease

$21.50/SF/YR
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Buffalo Grove Business Park - 1130 Lake Cook Road

1130 Lake Cook Road, Buffalo Grove, IL
Property

Office

66,842 SF
Availability

6 Spaces

19,177 SF
Year Built

1986
For Lease

$25.66/SF/YR
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1401 McHenry Road

1401 McHenry Road, Buffalo Grove, IL
Property

Office

46,561 SF
Year Built

2003
For Sale Contact for pricing
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Buffalo Grove Business Park - 750 Lake Cook Road

750 Lake Cook Road, Buffalo Grove, IL
Property

Office

95,025 SF
Availability

12 Spaces

42,971 SF
Year Built

1989
For Lease

$26.21/SF/YR
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Plaza Verde West

1355 - 1501 Dundee Road, Buffalo Grove, IL
Property

Retail

6,250 SF
Availability

1 Space

6,250 SF
Year Built

2024
For Lease Contact for pricing
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Strathmore Square

1202 - 1300 W Dundee Road, Buffalo Grove, IL
Property

Retail

94,384 SF
Year Built

1970
For Sale

Subject To Offer
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Strathmore Square

1202 - 1300 W Dundee Road, Buffalo Grove, IL
Property

Retail

94,384 SF
Availability

5 Spaces

47,308 SF
Year Built

1970
For Lease Contact for pricing
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Buffalo Grove Business Park - 1110-1120 Lake Cook Road

1110 Lake Cook Road, Buffalo Grove, IL
Property

Office

98,110 SF
Availability

14 Spaces

44,584 SF
Year Built

1983
For Lease

$19.02 - $23.86/SF/YR
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Buffalo Grove Business Park - 1100 Lake Cook Road

1100 Lake Cook Road, Buffalo Grove, IL
Property

Office

96,731 SF
Availability

7 Spaces

75,693 SF
Year Built

1988
For Lease

$23.77/SF/YR
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30,000 SF Available for Lease in Buffalo Grove

1051 Commerce Ct, Buffalo Grove, IL
Property

Industrial

30,000 SF
Availability

1 Space

30,000 SF
Year Built

1993
For Lease Contact for pricing
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600 North Buffalo Grove Road

600 North Buffalo Grove Road, Buffalo Grove, IL
Property

Office

72,603 SF
Availability

7 Spaces

42,784 SF
Year Built

1998
For Lease

$22.00/SF/YR
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Millbrook Business Center - 485 East Half Day Road

485 East Half Day Road, Buffalo Grove, IL
Property

Office

133,267 SF
Availability

4 Spaces

42,168 SF
Year Built

2001
For Lease Contact for pricing
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Buffalo Grove Business Park - 135 North Arlington Heights Road

135 North Arlington Heights Road, Buffalo Grove, IL
Property

Office

34,450 SF
Availability

4 Spaces

11,305 SF
Year Built

1986
For Lease

$22.74/SF/YR
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1001-1011 Commerce Court

1001 Commerce Court, Buffalo Grove, IL
Property

Industrial

84,956 SF
Availability

1 Space

15,983 SF
Year Built

1989
For Lease Contact for pricing
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Spoerlein Commons

1151 McHenry Road, Buffalo Grove, IL
Property

Office

41,455 SF
Availability

6 Spaces

4,979 SF
Year Built

1987
For Lease

$20.00/SF/YR
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Lake Cook Road Restaurant For Sale

720 W. Lake Cook Road, Buffalo Grove, IL
Property

Retail

6,115 SF
For Sale

$815,000
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Chevy Chase Business Park East - 1400 East Lake Cook Road

1400 East Lake Cook Road, Buffalo Grove, IL
Property

Office

39,133 SF
Availability

3 Spaces

8,412 SF
Year Built

1990
For Lease

$18.43/SF/YR
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The Corporate Grove - 1405 Busch Parkway

1495 Busch Pkwy, Buffalo Grove, IL
Property

Office

88,380 SF
Availability

1 Space

9,823 SF
Year Built

1986
For Lease

$9.00/SF/YR
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Riverwalk II

2100 East Lake Cook Road, Buffalo Grove, IL
Property

Office

258,995 SF
Availability

3 Spaces

69,895 SF
Year Built

1998
For Lease Contact for pricing
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Arbor Creek Business Center

1250 Barclay Boulevard, Buffalo Grove, IL
Property

Office

30,340 SF
Availability

1 Space

17,939 SF
Year Built

1995
For Lease Contact for pricing
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Riverwalk II

2100 East Lake Cook Road, Buffalo Grove, IL
Property

Office

258,995 SF
Availability

1 Space

23,265 SF
Year Built

1998
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Buffalo Grove commercial real estate market incorporates 1,881,671 square feet of office space across 24 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Buffalo Grove commercial real estate market includes 388,507 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Buffalo Grove market, there is a total of 797,246 square feet of industrial property.

The listing inventory in Buffalo Grove incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Buffalo Grove is represented by Retail space, which accounts for 174,313,774 square feet of available listings. Office space available in Buffalo Grove adds up to 564,760 square feet.

Meanwhile, most of the listings of commercial property for sale in Buffalo Grove are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Buffalo Grove is $24.58 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Buffalo Grove can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Buffalo Grove, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $28.41 per square foot. In particular, the property type commanding the highest lease rates in Buffalo Grove was Office space.

Conversely, the highest sale price last year was $3,771,000 that is located at 650 Lake Cook Road.

The average size of a commercial property in Buffalo Grove depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Buffalo Grove, the average size of an office property is 85,531 square feet.
Retail properties here incorporate an average of 48,564 square feet.
Industrial space in Buffalo Grove is in buildings that are, on average 88,583 square feet in size.

Buffalo Grove, Lake County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Buffalo Grove currently add up to 175,152,888 square feet. The market offers 17 active office listing(s), which amount to 427,640 square feet and account for 51% of commercial spaces on the market. Local retail availability includes 174,304,732 square feet across 5 retail space(s). Industrial space for rent opportunities in Buffalo Grove amount to 420,516 square feet across a total of 10 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	17	427,640
Retail	5	174,304,732
Industrial	10	420,516

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Buffalo Grove, Lake County, IL. Currently, there is 506,050 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 3 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	186,709
Retail	3	110,499
Industrial	1	208,842

Buffalo Grove, Lake County, IL Commercial Real Estate for Lease and Sale

The Grove

1401 Mchenry rd suit 124 Buffalo grove il

New High Profile Retail Space

909 Asbury Drive

Riverwalk I

1450 Busch Parkway

Buffalo Grove Business Park - 1130 Lake Cook Road

1401 McHenry Road

Buffalo Grove Business Park - 750 Lake Cook Road

Plaza Verde West

Strathmore Square

Strathmore Square

Buffalo Grove Business Park - 1110-1120 Lake Cook Road

Buffalo Grove Business Park - 1100 Lake Cook Road

30,000 SF Available for Lease in Buffalo Grove

600 North Buffalo Grove Road

Millbrook Business Center - 485 East Half Day Road

Buffalo Grove Business Park - 135 North Arlington Heights Road

1001-1011 Commerce Court

Spoerlein Commons

Lake Cook Road Restaurant For Sale

Chevy Chase Business Park East - 1400 East Lake Cook Road

The Corporate Grove - 1405 Busch Parkway

Riverwalk II

Arbor Creek Business Center

Riverwalk II

Frequently Asked Questions

Buffalo Grove, Lake County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Buffalo Grove, Lake County, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Buffalo Grove, IL?

What factors affect the price of commercial real estate in Buffalo Grove, IL?

What is the average rent for commercial space in Buffalo Grove, IL?

What are the best areas for commercial real estate in Buffalo Grove, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Buffalo Grove, IL?

Buffalo Grove, Lake County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us