Alsip, IL Commercial Real Estate for Lease - 16 Listings

12161 S Central Ave

12161 S Central Ave, Alsip, IL
Property

Industrial

8,000 SF
Availability

4 Spaces

8,000 SF
Year Built

1992
For Lease Contact for pricing
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387,514 SF Available for Lease or Sale in Alsip

5750 W 118th Street, Alsip, IL
Property

Industrial

387,514 SF
Availability

1 Space

387,514 SF
For Lease

$4.95/SF/YR
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169,064 SF Available for Lease in Alsip, IL

12201 S Griffith Center Rd, Alsip, IL
Property

Industrial

169,064 SF
Availability

1 Space

169,064 SF
For Lease Contact for pricing
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190,935 SF Available for Lease in Alsip, IL

5825 W 118th St, Alsip, IL
Property

Industrial

190,935 SF
Availability

1 Space

190,935 SF
For Lease Contact for pricing
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I-294 South Logistics Center

11939 S Central Ave, Alsip, IL
Property

Industrial

320,171 SF
Availability

1 Space

106,933 SF
For Lease Contact for pricing
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11560 S Kedzie

11560 S Kedzie Ave, Merrionette Park, Alsip, IL
Property

Office

41,900 SF
Availability

5 Spaces

34,058 SF
For Lease

$20.00 - $24.00/SF/YR
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12139 South Pulaski Road

12139 South Pulaski Road, Alsip, IL
Property

Retail

12,491 SF
Availability

2 Spaces

12,491 SF
For Lease Contact for pricing
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12845 S Cicero Ave

12845 S Cicero Ave, Alsip, IL
Property

Office

4,500 SF
Availability

1 Space

4,500 SF
Year Built

1984
For Lease

$18.00/SF/YR
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12201 - 12217 S. Pulaski Rd.

12201 - 12217 S. Pulaski Rd., Alsip, IL
Property

Retail

14,100 SF
Availability

2 Spaces

2,010 SF
Year Built

1972
For Lease Contact for pricing
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4800 W. 129th St.

4800 W. 129th St., Alsip, IL
Property

Retail

42,616 SF
Availability

2 Spaces

4,339 SF
Year Built

1974
For Lease Contact for pricing
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Office/ Warehouse / Retail

5154 W. 127th Street, Alsip, IL
Property

Industrial

20,000 SF
Availability

1 Space

1,480 SF
For Lease

$18.50/SF/YR
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11600-11630 S Kedzie Ave, Merrionette Park, IL

11600 S Kedzie Ave, Merrionette Park, Alsip, IL
Property

Office

57,289 SF
Availability

2 Spaces

4,919 SF
For Lease

$20.00 - $24.00/SF/YR
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12052 S Cicero Ave

12052 S Cicero Ave, Alsip, IL
Property

Office
Availability

1 Space

1,271 SF
Year Built

2006
For Lease Contact for pricing
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11933 Pulaski Rd.

11933 South Pulaski Road, Alsip, IL
Property

Office

12,268 SF
Availability

1 Space

1,946 SF
For Lease

$17.00/SF/MO
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5153-5167 W 111th St

5153-5167 W 111th St, Alsip, IL
Property

Office

8,000 SF
Availability

1 Space

2,000 SF
For Lease

$23.50/SF/YR
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5611 W. 120th Street

5611 W 120th St, Alsip, IL
Property

Office

55,417 SF
Availability

1 Space

8,000 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. The Alsip commercial real estate market incorporates 187,374 square feet of office space across 10 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 Alsip commercial real estate market includes 75,059 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 Alsip market, there is a total of 735,685 square feet of industrial property.

The listing inventory in Alsip 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 Alsip is represented by Industrial space, which accounts for 863,926 square feet of available listings. Office space available in Alsip adds up to 56,694 square feet.

Meanwhile, most of the listings of commercial property for sale in Alsip 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 Alsip is $17.73 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 Alsip 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 Alsip, 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 $24 per square foot. In particular, the property type commanding the highest lease rates in Alsip was Office space.

The average size of a commercial property in Alsip 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 Alsip, the average size of an office property is 23,422 square feet.
Retail properties here incorporate an average of 15,012 square feet.
Industrial space in Alsip is in buildings that are, on average 183,922 square feet in size.

Alsip, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Alsip currently add up to 937,514 square feet. The market offers 7 active office listing(s), which amount to 54,748 square feet and account for 43% of commercial spaces on the market. Local retail availability includes 18,840 square feet across 3 retail space(s). Industrial space for rent opportunities in Alsip amount to 863,926 square feet across a total of 6 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	7	54,748
Retail	3	18,840
Industrial	6	863,926

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 Alsip, IL. Currently, there is 31,981 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 2 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	2	8,000
Retail	2	5,852
Industrial	2	3,200
Other	2	14,929

Alsip, IL Commercial Real Estate for Lease - 16 Listings

12161 S Central Ave

387,514 SF Available for Lease or Sale in Alsip

169,064 SF Available for Lease in Alsip, IL

190,935 SF Available for Lease in Alsip, IL

I-294 South Logistics Center

11560 S Kedzie

12139 South Pulaski Road

12845 S Cicero Ave

12201 - 12217 S. Pulaski Rd.

4800 W. 129th St.

Office/ Warehouse / Retail

11600-11630 S Kedzie Ave, Merrionette Park, IL

12052 S Cicero Ave

11933 Pulaski Rd.

5153-5167 W 111th St

5611 W. 120th Street

Frequently Asked Questions

Alsip, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Alsip, IL Commercial Real Estate for Lease - 16 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

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

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

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

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

Alsip, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

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Popular Office Searches

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Popular Industrial Searches

About us