Itasca, IL Commercial Real Estate for Lease and Sale

Explore 32 listings of Itasca commercial real estate to find the best space for your business.

Hamilton Lakes Business Park - 500 Park Blvd

500 Park Blvd, Itasca, IL
Property

Office

450,614 SF
Availability

17 Spaces

75,552 SF
Year Built

1980
For Lease

$23.53 - $26.03/SF/YR
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Hamilton Lakes Business Park - 150 Pierce Road

150 Pierce Road, Itasca, IL
Property

Office

184,549 SF
Availability

7 Spaces

45,185 SF
Year Built

2002
For Lease

$26.75/SF/YR
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Hamilton Lakes Business Park - 450 Devon Avenue

450 East Devon Avenue, Itasca, IL
Property

Office

76,087 SF
Availability

5 Spaces

29,965 SF
Year Built

1986
For Lease

$23.36/SF/YR
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Itasca Medical Office

650 East Devon Ave suite 152, Itasca, IL
Property

Office

65,950 SF
Availability

1 Space

3,724 SF
Year Built

1984
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Industrial

Office Retail Industrial Land
Hamilton Lakes Commerce Center - 1253-1279 & 1285 Hamilton Pkwy

1285 Hamilton Pkwy, Itasca, IL
Property

Industrial

251,300 SF
Availability

1 Space

31,422 SF
Year Built

1988
For Lease Contact for pricing
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Hamilton Lakes Business Park - 333 Pierce Road

333 Pierce Road, Itasca, IL
Property

Office

101,711 SF
Availability

4 Spaces

29,597 SF
Year Built

1990
For Lease

$24.37/SF/YR
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One Pierce Place

1 Pierce Place, Itasca, IL
Property

Office

525,422 SF
Availability

22 Spaces

263,539 SF
Year Built

1984
For Lease

$26.27 - $27.77/SF/YR
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1101 Thorndale Avenue

1101 Thorndale Avenue, Itasca, IL
Property

Industrial

32,937 SF
Availability

1 Space

32,937 SF
Year Built

1980
For Lease Contact for pricing
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Hamilton Lakes Business Park - 555 Pierce Road

555 Pierce Road, Itasca, IL
Property

Office

96,814 SF
Availability

4 Spaces

30,556 SF
Year Built

1987
For Lease

$22.81/SF/YR
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Two Pierce Place

2 Pierce Place, Itasca, IL
Property

Office

485,566 SF
Availability

1 Space

13,084 SF
Year Built

1991
For Lease Contact for pricing
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1400-1470 Norwood Avenue

1400-1470 Norwood Avenue, Itasca, IL
Property

Industrial

102,617 SF
Availability

1 Space

38,956 SF
For Lease Contact for pricing
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West Thorndale Business Park - 1321-1375 West Thorndale Avenue

1321 West Thorndale Avenue, Itasca, IL
Property

Industrial

310,916 SF
Availability

1 Space

210,641 SF
Year Built

1988
For Lease Contact for pricing
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Hamilton Lakes Business Park - 300 Park Blvd

300 Park Blvd, Itasca, IL
Property

Office

220,070 SF
Availability

5 Spaces

15,829 SF
Year Built

1987
For Lease

$27.15/SF/YR
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850 & 900 North Arlington Heights Road

850 North Arlington Heights Road, Itasca, IL
Property

Office

119,249 SF
Availability

3 Spaces

37,229 SF
Year Built

1994
For Lease Contact for pricing
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960-1100 Maplewood Drive

960 Maplewood Drive, Itasca, IL
Property

Industrial

124,471 SF
Availability

1 Space

21,134 SF
Year Built

1975
For Lease Contact for pricing
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1035 Hilltop Dr

1035 Hilltop Dr, Itasca, IL
Property

Industrial

38,649 SF
Availability

1 Space

38,649 SF
Year Built

1980
For Lease

$10.75/SF/YR
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Marathon Gas Station

21W020 Lake Street, Itasca, Addison, IL
Property

Retail

2,770 SF
For Sale

$2,500,000
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Spring Lake Executive Campus

901-1099 Hawthorn & 220-248 Spring Lake, Itasca, IL
Property

Office

172,498 SF
Availability

10 Spaces

49,229 SF
For Lease

$12.50/SF/YR
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750 District Dr

750 District Dr, Itasca, IL
Property

Industrial

50,115 SF
Year Built

1967
For Sale

Call For Info
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1101 Thorndale Avenue

1101 Thorndale Avenue, Itasca, IL
Property

Industrial

32,937 SF
Year Built

1980
For Sale Contact for pricing
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1135 Baker Dr.

1135 Baker Dr., Itasca, IL
Property

Industrial

66,490 SF
Year Built

1979
For Sale

$8,975,000
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850 North Arlington Heights Road

850 North Arlington Heights Road, Itasca, IL
Property

Office

37,229 SF
Year Built

1994
For Sale Contact for pricing
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1170 Ardmore Ave

1170 Ardmore Ave, Itasca, IL
Property

Industrial

32,236 SF
Year Built

1988
For Sale

$4,600,000
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1211 W. Norwood Ave.

1211 W. Norwood Ave., Itasca, IL
Property

Industrial

17,541 SF
Year Built

1976
For Sale

$2,362,500
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1211 W. Norwood Ave.

1211 W. Norwood Ave., Itasca, IL
Property

Industrial

17,541 SF
Availability

1 Space

17,541 SF
Year Built

1976
For Lease

$12.00/SF/YR
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Hamilton Lakes – Parcel C-10

NEC I-290 & Thorndale Ave, Itasca, IL
Property

VacantLand

6 Acre
For Sale Contact for pricing
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1170 Ardmore Ave

1170 Ardmore Ave, Itasca, IL
Property

Industrial

32,236 SF
Availability

1 Space

34,078 SF
Year Built

1988
For Lease Contact for pricing
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800 Hollywood Avenue

800 Hollywood Avenue, Itasca, IL
Property

Industrial

50,337 SF
Year Built

1979
For Sale Contact for pricing
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Hamilton Lakes – Parcel J

NEC I-290 & Thorndale Ave, Itasca, IL
Property

VacantLand

3.5 Acre
For Sale Contact for pricing
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750 District Dr

750 District Dr, Itasca, IL
Property

Industrial

50,115 SF
Availability

1 Space

50,155 SF
Year Built

1967
For Lease Contact for pricing
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1135 Baker Dr.

1135 Baker Dr., Itasca, IL
Property

Industrial

66,490 SF
Availability

1 Space

66,490 SF
Year Built

1979
For Lease

$9.00/SF/YR
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800 Hollywood Avenue

800 Hollywood Avenue, Itasca, IL
Property

Industrial

50,337 SF
Availability

1 Space

50,337 SF
Year Built

1979
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 Itasca commercial real estate market incorporates 2,535,759 square feet of office space across 13 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 Itasca commercial real estate market includes 2,770 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 Itasca market, there is a total of 1,119,810 square feet of industrial property.

The listing inventory in Itasca 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 Itasca is represented by Industrial space, which accounts for 705,028 square feet of available listings. Office space available in Itasca adds up to 641,029 square feet.

Meanwhile, most of the listings of commercial property for sale in Itasca 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 Itasca is $25.79 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 Itasca 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 Itasca, 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 $27.77 per square foot. In particular, the property type commanding the highest lease rates in Itasca was Office space.

Conversely, the highest sale price last year was $14,266,000 that is located at 1200 North Arlington Heights Road.

The average size of a commercial property in Itasca 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 Itasca, the average size of an office property is 211,314 square feet.
Retail properties here incorporate an average of 2,770 square feet.
Industrial space in Itasca is in buildings that are, on average 65,872 square feet in size.

Itasca, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Itasca currently add up to 1,302,212 square feet. The market offers 12 active office listing(s), which amount to 641,029 square feet and account for 54% of commercial spaces on the market. Industrial space for rent opportunities in Itasca amount to 661,183 square feet across a total of 10 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	12	641,029
Industrial	10	661,183

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 Itasca, IL. Currently, there is 289,665 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 1 retail investment opportunity listing(s) , and 6 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	37,229
Retail	1	2,770
Industrial	6	249,656
Other	2	10

Itasca, 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 Itasca, IL?

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

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

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

Itasca, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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