Riverdale, IL Commercial Real Estate for Lease and Sale

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

CRE Market FAQs

1427 W 127th St

1427 W. 127th St Calumet Park, Calumet Park, IL
Property

Retail
Availability

1 Space

2,115 SF
For Lease Contact for pricing
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Rail Served BTS for Lease on 6-Acre Site | 440 E. 138th Street, Chicago, IL

440 East 138th Street, Chicago, IL
Property

Industrial

105,370 SF
Availability

1 Space

105,370 SF
For Lease Contact for pricing
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Calumet Park Plaza

1413 W 127th St, Calumet Park, IL
Property

Retail

15,000 SF
Availability

3 Spaces

3,500 SF
Year Built

2007
For Lease Contact for pricing
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Raceway Park Big Box - Calumet Park

13001 South Ashland Avenue, Calumet Park, IL
Property

Office

86,310 SF
Availability

3 Spaces

86,310 SF
For Lease

$10.00 - $13.00/SF/YR
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Raceway Park Shopping Center

13053-13081 S Ashland Ave, Calumet Park, IL
Property

Retail

31,540 SF
Availability

2 Spaces

8,000 SF
Year Built

2012
For Lease Contact for pricing
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12345 S. Marshfield Ave.

12345 S Marshfield Ave, Calumet Park, IL
Property

Industrial

40,000 SF
Availability

1 Space

17,650 SF
Year Built

1904
For Lease

$9.50/SF/YR
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700-822 East 138th Street

700-822 East 138th Street, Dolton, IL
Property

VacantLand
For Sale

Subject To Offer
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TURNKEY RESTAURANT OR REDEVELOPMENT SITE

14719 Halsted St, Harvey, IL
Property

Retail

5,700 SF
Year Built

1985
For Sale

$499,000
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Residences of Chicago Rd.

14547 Doctor Martin Luther King Junior Drive, Dolton, IL
Property

Multi-Family

4,715 SF
Year Built

1965
For Sale

$340,000
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119th & Halsted

801-837 W 119th St, West Pullman, Chicago, IL
Property

Retail

61,800 SF
Year Built

1967
For Sale

$5,499,000
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1100 W 119th St

1100 W 119th St, West Pullman, Chicago, IL
Property

Industrial

104,400 SF
Availability

1 Space

27,000 SF
For Lease

$7.95/SF/YR
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11641 S Halsted

11641-11647 Halsted St, West Pullman, Chicago, IL
Property

Retail

4,800 SF
Availability

1 Space

1,700 SF
Year Built

1967
For Lease

$19.00/SF/YR
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7030 Centennial Center
7030 Centennial Center
7030 Centennial Center, Tinley Park, IL
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

Free water

High-speed wifi

Kitchen

Outdoor areas

Parking

Printer

Privacy booths

Projector

Receptionist/Secretarial services
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5320 West 159th Street
Oak Forest Executive Center
5320 West 159th Street 3rd Floor, Oak Forest, IL
Services

Meeting Room

Private Office
Amenities

Breakout spaces

Complimentary coffee & tea

High-speed wifi

Parking

Printer
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7110 West 127th Street
Nook Coworking Space
7110 West 127th Street #150, Palos Heights, IL
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
Amenities

High-speed internet

High-speed wifi

Mail services

Printer
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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 Riverdale commercial real estate market incorporates 86,310 square feet of office space across 1 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 Riverdale commercial real estate market includes 46,540 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 Riverdale market, there is a total of 145,370 square feet of industrial property.

The listing inventory in Riverdale 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 Riverdale is represented by Industrial space, which accounts for 123,020 square feet of available listings. Office space available in Riverdale adds up to 86,310 square feet.

Meanwhile, most of the listings of commercial property for sale in Riverdale 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.

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 Riverdale, 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 $14 per square foot.

The average size of a commercial property in Riverdale 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 Riverdale, the average size of an office property is 86,310 square feet.
Retail properties here incorporate an average of 23,270 square feet.
Industrial space in Riverdale is in buildings that are, on average 72,685 square feet in size.

Riverdale, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Riverdale currently add up to 117,575 square feet. The market offers 1 active office listing(s), which amount to 86,310 square feet and account for 20% of commercial spaces on the market. Local retail availability includes 13,615 square feet across 3 retail space(s). Industrial space for rent opportunities in Riverdale amount to 17,650 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	1	86,310
Retail	3	13,615
Industrial	1	17,650

Riverdale, IL Commercial Real Estate for Lease and Sale

1427 W 127th St

Rail Served BTS for Lease on 6-Acre Site | 440 E. 138th Street, Chicago, IL

Calumet Park Plaza

Raceway Park Big Box - Calumet Park

Raceway Park Shopping Center

12345 S. Marshfield Ave.

700-822 East 138th Street

TURNKEY RESTAURANT OR REDEVELOPMENT SITE

Residences of Chicago Rd.

119th & Halsted

1100 W 119th St

11641 S Halsted

7030 Centennial Center

5320 West 159th Street

7110 West 127th Street

Frequently Asked Questions

Riverdale, IL Currently Available Listings

Commercial Space for Lease Breakdown

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Riverdale, 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 Riverdale, IL?

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

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

Riverdale, IL Currently Available Listings

Commercial Space for Lease Breakdown

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