What are the different types of commercial real estate?

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 Glendale Heights commercial real estate market incorporates 56,943 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 Glendale Heights commercial real estate market includes 1,527,513 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 Glendale Heights market, there is a total of 4,131,277 square feet of industrial property.

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

The largest share of commercial real estate space for lease in Glendale Heights is represented by Retail space , which accounts for 64,028 square feet of available listings. Industrial space available in Glendale Heights adds up to 53,062 square feet.

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

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.

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

The best choice of location for commercial space depends on the factors that are most relevant to your business. 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 Glendale Heights, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Glendale Heights is in the Hidden Glen neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Fountain of Glendale area . Meanwhile, retail space opportunities are most abundant in the Hidden Glen submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Glen Pointe Estates . 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.

How do I find a good commercial real estate broker?

Whether or not 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!

What is the most profitable commercial real estate?

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.

What is the average size of a commercial property in Glendale Heights, IL?

The average size of a commercial property in Glendale 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 Glendale Heights, the average size of an office property is 56,943 square feet. Retail properties here incorporate an average of 117,501 square feet. Industrial space in Glendale Heights is in buildings that are, on average 153,010 square feet in size.

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41 Commercial Real Estate Listings in Glendale Heights, IL

CRE Market Stats

Glendale Square Shopping Center

500-554 North Ave, Cambria, Glendale Heights, IL
For Lease

$16.00/SF/YR
Property

Retail

84,830 SF
Availability

3 Spaces

21,345 SF
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Full Bloom Shopping Center

1554 - 1580 Bloomingdale Rd, Camera Park, Glendale Heights, IL
For Lease

$14.00/SF/YR
Property

Retail

15,000 SF
Availability

1 Space

2,450 SF
Year Built

1966
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One Glendale Center

2000 Bloomingdale Road, Westlake, Glendale Heights, IL
For Lease

$10.75/SF/YR
Property

Industrial

105,000 SF
Availability

1 Space

8,343 SF
View Details (opens in new window)
Glen Point Business Park

80 Internationale Blvd., Glen Pointe Estates, Glendale Heights, IL
For Lease

$10.00/SF/YR
Property

Industrial

135,526 SF
Availability

1 Space

4,055 SF
Year Built

1994
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Glendale Town Center

240 - 292 Town Center Lane, Havens, Glendale Heights, IL
For Lease

$14.00/SF/YR
Property

Retail

57,545 SF
Availability

1 Space

3,500 SF
Year Built

1984
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Glen Point Business Park

110-120 Internationale Blvd., Glen Pointe Estates, Glendale Heights, IL
For Lease

Contact for pricing
Property

Industrial

138,242 SF
Availability

1 Space

5,000 SF
Year Built

1996
View Details (opens in new window)
Plaza Westlake

NWC Army Trail Rd & Bloomingdale Rd, Hidden Glen, Glendale Heights, IL
For Lease

Contact for pricing
Property

Retail

120,565 SF
Availability

10 Spaces

36,733 SF
View Details (opens in new window)
Off Market
175 West Army Trail Road

175 West Army Trail Road, Morningstar, Glendale Heights, IL
Property

Retail

162,000 SF
Year Built

1991
Off Market
405 Windy Point Drive

405 Windy Point Drive, Polo Club Heights, Glendale Heights, IL
Property

Industrial

154,000 SF
Year Built

2002
Off Market
High Grove Center - 399 Wall Street

399 Wall Street, Morningstar, Glendale Heights, IL
Property

Retail

62,612 SF
Year Built

1993
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Off Market
414 East North Avenue & 1245 Pearl Avenue

414 East North Avenue, Cambria, Glendale Heights, IL
Property

Retail

79,768 SF
Year Built

1968
Off Market
699 Regency Drive

699 Regency Drive, Stonegate, Glendale Heights, IL
Property

Industrial

98,540 SF
Year Built

1987
Off Market
Westlake Plaza Shopping Center

2164 Bloomingdale Road, Hidden Glen, Glendale Heights, IL
Property

Retail

134,209 SF
Year Built

1978
Off Market
1640 Fullerton Court

1640 Fullerton Court, Emerald Hills, Glendale Heights, IL
Property

Industrial

149,219 SF
Year Built

2002
Off Market
1688 Glen Ellyn Road

1688 Glen Ellyn Road, Reskins, Glendale Heights, IL
Property

Industrial

84,766 SF
Year Built

1988
Off Market
High Grove West Business Park - 500 Wall Street

500 Wall Street, Morningstar, Glendale Heights, IL
Property

Industrial

221,104 SF
Year Built

1989
Off Market
295 East Army Trail Road

295 East Army Trail Road, Westlake, Glendale Heights, IL
Property

Retail

117,906 SF
Year Built

1996
Off Market
175 West Lake Drive - Expansion

175 West Lake Drive, Glendale Lakes, Glendale Heights, IL
Property

Industrial

44,440 SF
Year Built

2024
Off Market
Glen Pointe VII

182 Internationale Blvd, Glen Pointe Estates, Glendale Heights, IL
Property

Industrial

92,546 SF
Year Built

1998
Off Market
179 Internationale Blvd & 250, 268 & 310 Windy Point Drive

179 Internationale Blvd, Glen Pointe Estates, Glendale Heights, IL
Property

Industrial

266,142 SF
Year Built

1999
Off Market
500 Regency Drive

500 Regency Drive, Stonegate, Glendale Heights, IL
Property

Industrial

160,660 SF
Year Built

1989
Off Market
Glen Pointe Business Park - 180 Exchange Blvd

180 Exchange Blvd, Glen Pointe Estates, Glendale Heights, IL
Property

Industrial

177,615 SF
Year Built

1991
Off Market
Prologis Glendale Heights - 110-120 Internationale Blvd

120 Internationale Blvd, Glen Pointe Estates, Glendale Heights, IL
Property

Industrial

138,242 SF
Year Built

1996
Off Market
521 East North Avenue

521 East North Avenue, Greenbriar, Glendale Heights, IL
Property

Retail

333,340 SF
Year Built

2003
Off Market
101 Regency Drive

101 Regency Drive, Stonegate, Glendale Heights, IL
Property

Industrial

150,784 SF
Year Built

1988
Off Market
High Grove Business Park - 900 Regency Drive

900 Regency Drive, Stonegate, Glendale Heights, IL
Property

Industrial

100,330 SF
Year Built

1987