River Grove, Cook County, IL Commercial Real Estate for Lease and Sale

Explore 15 listings of River Grove commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

2725 Thatcher Avenue

2725 Thatcher Avenue, River Grove, IL
Property

Office

35,365 SF
Availability

13 Spaces

26,878 SF
Year Built

1972
For Lease

$16.00 - $48.00/SF/YR
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8465-8471 W Grand Avenue

8465-8471 W Grand Avenue , River Grove, IL
Property

Multi-Family

45,360 SF
For Sale

$12,500,000
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8256 W. Grand Ave.

8256 W. Grand Ave., River Grove, Chicago, IL
Property

Industrial

3,700 SF
Year Built

1974
For Sale

$400,000
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8256 W. Grand Ave.

8256 W. Grand Ave., River Grove, Chicago, IL
Property

Industrial

3,700 SF
Availability

1 Space

3,700 SF
Year Built

1974
For Lease Contact for pricing
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8035 W Grand Ave

8035 Grand Ave, River Grove, IL
Property

Office

3,200 SF
Year Built

1976
For Sale

$399,500
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95,820 SF Available for Sale in Melrose Park

2074 George St, Melrose Park, IL
Property

Industrial

95,820 SF
Year Built

1973
For Sale

$6,999,999
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Belden Ave - Franklin Park

9121 Belden Avenue, Franklin Park, IL
Property

Industrial

4,580 SF
Year Built

1970
For Sale

$421,360
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9126 Medill Avenue

9126 Medill Avenue, Franklin Park, IL
Property

Industrial

35,400 SF
Availability

1 Space

3,500 SF
For Lease

$10.50/SF/YR
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9200 West Fullerton Avenue

9200 W Fullerton Ave, Franklin Park, IL
Property

VacantLand

33.5 Acre
For Sale Contact for pricing
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9001 Belmont Ave

9001 Belmont Ave, Franklin Park, IL
Property

VacantLand

1.86 Acre
For Sale

$1,350,000
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187,063 SF New Speculative Construction Available for Lease in Melrose Park

2100 N 15th Ave, Melrose Park, IL
Property

Industrial

186,063 SF
Availability

1 Space

187,063 SF
For Lease Contact for pricing
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136 North Marion Street
Enclave
136 North Marion Street, Oak Park, IL
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Bar

Cleaning services

Complimentary coffee & tea

High-speed wifi

Lockers

Printer

Privacy booths

TV/Monitor
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7339 Madison Street
Suite Spotte
7339 Madison Street, Forest Park, IL
Services

Virtual Office

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

High-speed wifi

Privacy booths

TV/Monitor

White boards
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5927 West Chicago Avenue
Dream Center
5927 West Chicago Avenue, Chicago, IL
Services

Event Space

Meeting Room

Dedicated Desk
Amenities

Complimentary coffee & tea

Concierge

High-speed wifi

Printer
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1033 South Boulevard
CrossFunction
1033 South Boulevard, Oak Park, IL
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

High-speed wifi

Mail services

Office furniture

Parking

Printer

Privacy booths

Professional & social events

Receptionist/Secretarial services
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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 River Grove commercial real estate market incorporates 38,565 square feet of office space across 2 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.
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 River Grove market, there is a total of 7,400 square feet of industrial property.

The listing inventory in River 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 River Grove is represented by Office space, which accounts for 26,878 square feet of available listings. Industrial space available in River Grove adds up to 3,700 square feet.

Meanwhile, most of the listings of commercial property for sale in River 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 River Grove is $16 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 River 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 River 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 $16 per square foot. In particular, the property type commanding the highest lease rates in River Grove was Office space.

The average size of a commercial property in River 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 River Grove, the average size of an office property is 19,283 square feet.
Industrial space in River Grove is in buildings that are, on average 3,700 square feet in size.

River Grove, Cook County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in River Grove currently add up to 30,578 square feet. The market offers 1 active office listing(s), which amount to 26,878 square feet and account for 50% of commercial spaces on the market. Industrial space for rent opportunities in River Grove amount to 3,700 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	1	26,878
Industrial	1	3,700

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 River Grove, Cook County, IL. Currently, there is 52,260 square feet of commercial property for sale here , which includes 1 office building(s) for sale , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	3,200
Industrial	1	3,700
Other	1	45,360

River Grove, Cook County, IL Commercial Real Estate for Lease and Sale

2725 Thatcher Avenue

8465-8471 W Grand Avenue

8256 W. Grand Ave.

8256 W. Grand Ave.

8035 W Grand Ave

95,820 SF Available for Sale in Melrose Park

Belden Ave - Franklin Park

9126 Medill Avenue

9200 West Fullerton Avenue

9001 Belmont Ave

187,063 SF New Speculative Construction Available for Lease in Melrose Park

136 North Marion Street

7339 Madison Street

5927 West Chicago Avenue

1033 South Boulevard

Frequently Asked Questions

River Grove, Cook County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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River Grove, Cook 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 River Grove, IL?

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

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

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

River Grove, Cook 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