Olympia Fields, IL Commercial Real Estate for Lease and Sale

Explore 15 listings of Olympia Fields commercial real estate to find the best space for your business.

IL, Olympia Fields - Governors Hwy
HQ
20200 Governors Drive, Olympia Fields, IL
Services

Virtual Office

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Rail Hub I-57 @ University Park

Governors Highway & Dralle Road , Olympia Fields, University Park, IL
Property

Industrial

249,327 SF
Availability

1 Space

249,327 SF
Year Built

2026
For Lease Contact for pricing
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Rail Hub I-57 @ University Park

Governors Highway & Dralle Road , Olympia Fields, University Park, IL
Property

Industrial

249,327 SF
Year Built

2026
For Sale Contact for pricing
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20200 Governors Drive
DBC Offices
20200 Governors Drive, Olympia Fields, IL
Services

Virtual Office

Meeting Room

Private Office
Amenities

Business address

Complimentary coffee & tea

Fax services

High-speed wifi

Lockable filing cabinets

Office furniture

Parking

Printer

Professional & social events

Receptionist/Secretarial services
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44-48 W South Street

44-48 W South Street, Park Forest, IL
Property

Land

2.03 Acre
For Sale

$176,800
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4001-4233 Lincoln Hwy, Matteson, IL

4001 Lincoln Hwy, Matteson, IL
Property

Retail

273,836 SF
Availability

1 Space

1,412 SF
For Lease

$16.00/SF/YR
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40-44 W Lincoln Highway

44 West Lincoln Highway, Chicago Heights, IL
Property

Office

6,600 SF
For Sale

$915,000
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21300 S Cicero Ave, Matteson, IL

21300 S Cicero Ave, Matteson, IL
Property

Office

73,256 SF
Availability

6 Spaces

46,015 SF
For Lease

$14.00/SF/YR
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373 Sauk Trail

373 Sauk Trail , Park Forest, IL
Property

Retail

25,528 SF
Availability

1 Space

28,528 SF
For Lease Contact for pricing
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Jiffy Lube

20602 S Cicero Ave, Matteson, IL
Property

Retail

2,200 SF
Year Built

1991
For Sale

$1,400,000
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175th Kedzie

17465 Kedzie, Hazel Crest, IL
Property

Retail

12,312 SF
Availability

1 Space

3,250 SF
For Lease

$18.00/SF/YR
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Hazel Crest Center

17503-17575 S Kedzie Ave, Hazel Crest, IL
Property

Retail

83,800 SF
Availability

4 Spaces

7,700 SF
Year Built

1975
For Lease

$12.00 - $15.00/SF/YR
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10% Cap | 3 Retail Units for Sale

2015-2021 Ridge Road, Homewood, IL
Property

Retail

5,000 SF
Year Built

1930
For Sale

$449,000
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17855 S. Halsted Street

17855 Halsted St, Homewood, IL
Property

Retail

4,364 SF
Availability

1 Space

4,364 SF
Year Built

1974
For Lease Contact for pricing
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Chicago Heights

3231 Chicago Road, South Chicago Heights, IL
Property

Retail
Availability

1 Space

1,778 SF
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.

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.
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 Olympia Fields market, there is a total of 498,654 square feet of industrial property.

The listing inventory in Olympia Fields 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 Olympia Fields is represented by Industrial space, which accounts for 249,327 square feet of available listings.

Meanwhile, most of the listings of commercial property for sale in Olympia Fields are in the Industrial 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.

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 Olympia Fields, 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.

The average size of a commercial property in Olympia Fields 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:

Industrial space in Olympia Fields is in buildings that are, on average 249,327 square feet in size.

Olympia Fields, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Olympia Fields currently add up to 249,327 square feet. Industrial space for rent opportunities in Olympia Fields amount to 249,327 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Industrial	1	249,327

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 Olympia Fields, IL. Currently, there is 249,327 square feet of commercial property for sale here , which includes 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Industrial	1	249,327

Olympia Fields, IL Commercial Real Estate for Lease and Sale

IL, Olympia Fields - Governors Hwy

Rail Hub I-57 @ University Park

Rail Hub I-57 @ University Park

20200 Governors Drive

44-48 W South Street

4001-4233 Lincoln Hwy, Matteson, IL

40-44 W Lincoln Highway

21300 S Cicero Ave, Matteson, IL

373 Sauk Trail

Jiffy Lube

175th Kedzie

Hazel Crest Center

10% Cap | 3 Retail Units for Sale

17855 S. Halsted Street

Chicago Heights

Frequently Asked Questions

Olympia Fields, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Olympia Fields, 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 Olympia Fields, IL?

What factors affect the price of commercial real estate in Olympia Fields, IL?

What are the best areas for commercial real estate in Olympia Fields, 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 Olympia Fields, IL?

Olympia Fields, 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