Highland Park, Lake County, IL Commercial Real Estate for Lease - 38 Listings

445 Central Avenue

445 Central Ave, Highland Park, IL
Property

Retail

16,270 SF
Availability

3 Spaces

7,656 SF
Year Built

2020
For Lease Contact for pricing
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1866 Sheridan Rd, Highland Park, IL

1866 Sheridan Rd, Highland Park, IL
Property

Office

20,000 SF
Availability

10 Spaces

5,454 SF
For Lease

$21.00 - $32.00/SF/YR
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579 Central Ave, Highland Park, IL

579 Central Ave, Highland Park, IL
Property

Retail

3,951 SF
Availability

1 Space

3,951 SF
For Lease

$34.00/SF/YR
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1725 N McGovern

1725 N McGovern, Highland Park, IL
Property

Office

15,000 SF
Availability

2 Spaces

8,526 SF
For Lease

$25.00/SF/YR
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490-492 Central Ave, Highland Park, IL

490-492 Central Ave, Highland Park, IL
Property

Retail

6,450 SF
Availability

1 Space

3,071 SF
For Lease

$18.00/SF/YR
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430 Park Avenue

430 Park Avenue, Highland Park, IL
Property

Office

26,800 SF
Availability

4 Spaces

7,520 SF
Year Built

1920
For Lease

$25.00 - $30.00/SF/YR
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1801 St. Johns

1801 St. Johns, Highland Park, IL
Property

Retail

17,000 SF
Availability

2 Spaces

2,080 SF
For Lease

$29.50/SF/YR
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Highland Park Hospital - Professional Building

767 Park Avenue, Highland Park, IL
Property

Office

42,173 SF
Availability

1 Space

3,433 SF
Year Built

1987
For Lease Contact for pricing
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210 Skokie Valley Road

210 Skokie Valley Road, Highland Park, IL
Property

Office

17,500 SF
Availability

4 Spaces

6,971 SF
Year Built

1960
For Lease

$19.00 - $24.00/SF/YR
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36-40 Skokie Valley Rd

36-40 Skokie Valley Rd, Highland Park, IL
Property

Retail

4,000 SF
Availability

1 Space

2,500 SF
For Lease

$25.00/SF/YR
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1780-1788 2nd St

1780-1788 2nd St, Highland Park, IL
Property

Office

14,000 SF
Availability

2 Spaces

945 SF
For Lease

$20.00/SF/YR
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332 Skokie Valley Road

332 Skokie Valley Road, Highland Park, IL
Property

Office

1,651 SF
Availability

1 Space

1,651 SF
Year Built

2008
For Lease

$16.00/SF/YR
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1780 Green Bay Rd, Suite 205B

1780 Green Bay Rd, Suite 205B, Highland Park, IL
Property

Office

35,985 SF
Availability

1 Space

2,714 SF
Year Built

1998
For Lease Contact for pricing
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1788 2nd St

1788 2nd St, Highland Park, IL
Property

Office

6,200 SF
Availability

2 Spaces

945 SF
Year Built

1986
For Lease

$20.00/SF/YR
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Dayhouse Coworking
Dayhouse Coworking
2057 Green Bay Road, Highland Park, IL
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

High-speed wifi

Kitchen

Mail services

Parking

Printer

Projector

TV/Monitor

White boards

Window view
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474 Central Ave, Highland Park, IL

474 Central Ave, Highland Park, IL
Property

Retail

21,000 SF
Availability

8 Spaces

12,036 SF
For Lease

$12.00 - $18.00/SF/YR
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1610 Deerfield Road

1610 Deerfield Road, Highland Park, IL
Property

Retail

1 SF
Availability

4 Spaces

56,800 SF
For Lease Contact for pricing
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1910 First St, Highland Park, IL

1910 First Street, Highland Park, IL
Property

Office

28,000 SF
Availability

10 Spaces

15,215 SF
For Lease

$16.00 - $20.00/SF/YR
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1811 St. Johns Ave, Highland Park, IL

1811 St. Johns Ave, Highland Park, IL
Property

Mixed Use

7,500 SF
Availability

1 Space

723 SF
For Lease

$23.00/SF/YR
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555 Roger Williams Ave

555 Roger Williams Ave, Highland Park, IL
Property

Retail

24,000 SF
Availability

1 Space

854 SF
Year Built

2022
For Lease

$19.76/SF/YR
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Renaissance Place

1850 2nd St, Highland Park, IL
Property

Office

50,180 SF
Availability

1 Space

9,000 SF
Year Built

1965
For Lease Contact for pricing
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500-508 Central Ave, Highland Park, IL

500-508 Central Ave, Highland Park, IL
Property

Retail

17,011 SF
Availability

2 Spaces

1,797 SF
For Lease

$18.00/SF/YR
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1700 Green Bay Rd

1700 Green Bay Rd, Highland Park, IL
Property

Office

4,456 SF
Availability

3 Spaces

4,456 SF
For Lease

$18.00/SF/YR
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36 Skokie Hwy

36 Skokie Hwy, Highland Park, IL
Property

Retail

4,212 SF
Availability

2 Spaces

4,000 SF
Year Built

1997
For Lease

$25.00/SF/YR
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513 Central Avenue

513 Central Avenue, Highland Park, IL
Property

Office

53,874 SF
Availability

14 Spaces

11,510 SF
Year Built

1907
For Lease

$10.00 - $24.00/SF/YR
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1849 Green Bay Road
Enclave
1849 Green Bay Road #109, Highland 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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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 Highland Park commercial real estate market incorporates 348,918 square feet of office space across 21 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 Highland Park commercial real estate market includes 723,955 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.

The listing inventory in Highland Park 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 Highland Park is represented by Retail space, which accounts for 147,734 square feet of available listings. Office space available in Highland Park adds up to 97,069 square feet.

Meanwhile, most of the listings of commercial property for sale in Highland Park 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 Highland Park is $20.85 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 Highland Park 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 Highland Park, 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 $34 per square foot. In particular, the property type commanding the highest lease rates in Highland Park was Office space.

The average size of a commercial property in Highland Park 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 Highland Park, the average size of an office property is 20,525 square feet.
Retail properties here incorporate an average of 40,220 square feet.

Highland Park, Lake County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Highland Park currently add up to 245,526 square feet. The market offers 20 active office listing(s), which amount to 97,069 square feet and account for 48% of commercial spaces on the market. Local retail availability includes 147,734 square feet across 21 retail space(s).

Property Type	Count of Listings	Total SF
Office	20	97,069
Retail	21	147,734
Other	0	723

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 Highland Park, Lake County, IL. Currently, there is 4,378 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	1	1,651
Retail	1	2,727

Highland Park, Lake County, IL Commercial Real Estate for Lease - 38 Listings

445 Central Avenue

1866 Sheridan Rd, Highland Park, IL

579 Central Ave, Highland Park, IL

1725 N McGovern

490-492 Central Ave, Highland Park, IL

430 Park Avenue

1801 St. Johns

Highland Park Hospital - Professional Building

210 Skokie Valley Road

36-40 Skokie Valley Rd

1780-1788 2nd St

332 Skokie Valley Road

1780 Green Bay Rd, Suite 205B

1788 2nd St

Dayhouse Coworking

474 Central Ave, Highland Park, IL

1610 Deerfield Road

1910 First St, Highland Park, IL

1811 St. Johns Ave, Highland Park, IL

555 Roger Williams Ave

Renaissance Place

500-508 Central Ave, Highland Park, IL

1700 Green Bay Rd

36 Skokie Hwy

513 Central Avenue

1849 Green Bay Road

Frequently Asked Questions

Highland Park, Lake County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Highland Park, Lake County, IL Commercial Real Estate for Lease - 38 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

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

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

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

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

Highland Park, Lake County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Popular Retail Searches

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