Chicago Heights, IL Commercial Real Estate for Lease - 15 Listings

480 East Lincoln Highway

480 East Lincoln Highway, Chicago Heights, IL
Property

Industrial

90,169 SF
Availability

1 Space

90,169 SF
For Lease Contact for pricing
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Lynwood Plaza

19755 - 19771 S Torrence Ave, Lynwood, IL
Property

Retail

12,599 SF
Availability

2 Spaces

3,400 SF
For Lease Contact for pricing
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Olympia Plaza

79-207 W Joe Orr Rd, Chicago Heights, IL
Property

Retail

137,715 SF
Availability

8 Spaces

18,570 SF
Year Built

1958
For Lease

$12.00 - $16.00/SF/YR
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1300 Hilltop Ave

1300 Hilltop Ave, Chicago Heights, IL
Property

Industrial

106,320 SF
Availability

4 Spaces

99,874 SF
Year Built

1979
For Lease

$5.00 - $6.00/SF/YR
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Chicago Heights

3231 Chicago Road, South Chicago Heights, IL
Property

Retail
Availability

1 Space

0.04 Acre
For Lease Contact for pricing
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American Plaza

3300-3332 Chicago Road, South Chicago Heights, IL
Property

Retail

63,148 SF
Availability

1 Space

3,750 SF
Year Built

1963
For Lease

$10.00/SF/YR
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Glenwood Park 394

SWC South Glenwood Dyer Road & US Route 394, Glenwood, IL
Property

Industrial

529,200 SF
Availability

1 Space

529,200 SF
For Lease

$5.50/SF/YR
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Lincoln Hwy. & Western Ave

Lincoln Hwy. & Western Ave, Chicago Heights, IL
Property

VacantLand

0.88 Acre
Availability

1 Space

0.38 Acre
For Lease Contact for pricing
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300 Joe Orr Rd

300 Joe Orr Rd, Glenwood, Chicago Heights, IL
Property

Industrial

223,517 SF
Availability

1 Space

223,517 SF
Year Built

1957
For Lease

$6.75/SF/YR
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2005 Hart Street
Gineris Coworking
2005 Hart Street, Dyer, IN
Services

Meeting Room

Private Office
Amenities

Accessible

Complimentary coffee & tea

Free water

Kitchen

Parking

Printer

Receptionist/Secretarial services
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Union Professional Building | Mixed Use Retail or Office Opportunity

3201 Union Avenue, Steger, IL
Property

Retail

10,950 SF
Availability

2 Spaces

4,700 SF
Year Built

1977
For Lease

$2,500.00 - $3,000.00/MO
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Lansing Square

SEC Torrence Avenue & I-80/94, Lansing, IL
Property

Retail

56,613 SF
Availability

2 Spaces

2,700 SF
For Lease Contact for pricing
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200 Monticello Dr

200 Monticello Dr, Dyer, IN
Property

Office

10,416 SF
Availability

3 Spaces

5,000 SF
Year Built

1976
For Lease

$700.00 - $3,500.00/MO
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Automotive Building or Pad Site For Lease

17935 Halsted Street, Homewood, IL
Property

Retail

7,300 SF
Availability

1 Space

7,300 SF
For Lease Contact for pricing
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2901 Carlson Drive
ExecutiveSuites2
2901 Carlson Drive #300, Hammond, IN
Services

Open Workspace

Meeting Room

Private Office
Amenities

24/7 security

Accessible

Complimentary coffee & tea

Free water

High-speed internet

High-speed wifi

IT support

Lounge area

Mail services

Office furniture
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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 Chicago Heights commercial real estate market incorporates 3,248 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 Chicago Heights commercial real estate market includes 223,697 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 Chicago Heights market, there is a total of 1,472,940 square feet of industrial property.

The listing inventory in Chicago Heights 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 Chicago Heights is represented by Industrial space, which accounts for 719,243 square feet of available listings. Retail space available in Chicago Heights adds up to 27,498 square feet.

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

The average rent for commercial real estate space listed for lease in Chicago Heights is $12.36 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 Chicago Heights 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 Chicago Heights, 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 Chicago Heights was Retail space.

The average size of a commercial property in Chicago Heights 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 Chicago Heights, the average size of an office property is 3,248 square feet.
Retail properties here incorporate an average of 37,283 square feet.
Industrial space in Chicago Heights is in buildings that are, on average 184,118 square feet in size.

Chicago Heights, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Chicago Heights currently add up to 746,741 square feet. Local retail availability includes 27,498 square feet across 4 retail space(s). Industrial space for rent opportunities in Chicago Heights amount to 719,243 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Retail	4	27,498
Industrial	3	719,243

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 Chicago Heights, IL. Currently, there is 830,967 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 2 retail investment opportunity listing(s) , and 7 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	53,621
Retail	2	8,980
Industrial	7	767,361
Other	10	1,005

Chicago Heights, IL Commercial Real Estate for Lease - 15 Listings

480 East Lincoln Highway

Lynwood Plaza

Olympia Plaza

1300 Hilltop Ave

Chicago Heights

American Plaza

Glenwood Park 394

Lincoln Hwy. & Western Ave

300 Joe Orr Rd

2005 Hart Street

Union Professional Building | Mixed Use Retail or Office Opportunity

Lansing Square

200 Monticello Dr

Automotive Building or Pad Site For Lease

2901 Carlson Drive

Frequently Asked Questions

Chicago Heights, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Chicago Heights, IL Commercial Real Estate for Lease - 15 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

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

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

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

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

Chicago Heights, 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