Niles, IL Commercial Real Estate for Lease and Sale

Explore 28 listings of Niles commercial real estate to find the best space for your business.

8,823 SF Available for Lease in Niles

5621 W Howard St, Niles, IL
Property

Industrial

64,969 SF
Availability

1 Space

8,823 SF
For Lease Contact for pricing
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39,616 SF Available for Lease in Niles

6230 W Gross Point Rd, Niles, IL
Property

Industrial

117,835 SF
Availability

1 Space

39,616 SF
Year Built

1974
For Lease

$7.50/SF/YR
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7312 N Milwaukee Ave

7312 N Milwaukee Ave, Niles, IL
Property

Office

2,375 SF
Year Built

1961
For Sale

$415,000
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5940 West Touhy Avenue

5940 West Touhy Avenue, Niles, IL
Property

Office

36,605 SF
Availability

13 Spaces

17,219 SF
Year Built

1965
For Lease

$8.00 - $17.00/SF/YR
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What type of listing property are you looking for?

Office Retail Industrial

Office Land
Dempster Crossing

Dempster St & Harlem Ave, Niles, Morton Grove, IL
Property

Retail
Availability

4 Spaces

9,443 SF
For Lease Contact for pricing
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6954 W Touhy Ave

6954 W Touhy Ave, Niles, IL
Property

Office

5,740 SF
Year Built

1979
For Sale

$699,000
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2,559 SF Available for Lease in Niles

7175 N Austin Ave, Niles, IL
Property

Industrial

36,876 SF
Availability

1 Space

2,559 SF
For Lease Contact for pricing
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25,940 SF Available for Lease in Niles

7797 N Caldwell Ave, Niles, IL
Property

Industrial

298,000 SF
Availability

1 Space

25,940 SF
Year Built

1960
For Lease Contact for pricing
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8975 W Golf Rd

8975 W Golf Rd, Niles, IL
Property

Senior Housing

299,800 SF
Availability

3 Spaces

3,392 SF
Year Built

1989
For Lease

$19.00/SF/YR
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7515 North Oak Park Avenue

7515 North Oak Park Avenue, Niles, IL
Property

Industrial

100,986 SF
Availability

1 Space

24,725 SF
Year Built

1968
For Lease Contact for pricing
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8470-8598 Golf Rd, Niles, IL

8470-8598 Golf Rd, Niles, IL
Property

Retail

252,745 Acre
Availability

8 Spaces

50,483 Acre
For Lease

$16.00 - $42.50/Acre/YR
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Howard Plaza Business Center

5609 West Howard Street, Niles, IL
Property

Industrial

310,222 SF
Availability

2 Spaces

7,190 SF
Year Built

1978
For Lease Contact for pricing
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5,015 SF Available for Lease in Niles

5721 W Howard St, Niles, IL
Property

Industrial

92,793 SF
Availability

1 Space

5,015 SF
For Lease Contact for pricing
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Niles Center

7233 West Dempster Street, Niles, IL
Property

Retail
Availability

2 Spaces

33,228 SF
For Lease Contact for pricing
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5990 West Touhy Avenue

5990 West Touhy Avenue, Niles, IL
Property

Flex Space

302,379 SF
Availability

1 Space

40,000 SF
Year Built

1960
For Lease

$8.00/SF/YR
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2,265 SF Available for Lease in Niles

7133 N Austin Ave, Niles, IL
Property

Industrial

36,876 SF
Availability

1 Space

2,265 SF
For Lease

$12.95/SF/YR
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6660 N Normandy Ave

6660 N Normandy Ave, Niles, IL
Property

VacantLand
For Sale

$599,000
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Niles Industrial Park

7230 North Caldwell Avenue, Niles, IL
Property

Industrial

48,376 SF
Availability

1 Space

48,376 SF
Year Built

1968
For Lease Contact for pricing
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Rayyan Plaza I

7740-7752 N. Milwaukee Ave, Niles, IL
Property

Retail

9,520 SF
Availability

2 Spaces

4,496 SF
For Lease Contact for pricing
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9631 N Milwaukee

9631 N Milwaukee, Niles, IL
Property

Office

3,466 SF
Availability

1 Space

3,466 SF
For Lease

$42.50/SF/YR
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Civic Center Plaza

7801 N Waukegan Rd, Niles, IL
Property

Retail

264,973 SF
Availability

1 Space

1,800 SF
For Lease Contact for pricing
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Golf Mill Shopping Center

239 Golf Mill Center, Niles, IL
Property

Retail

1,000,892 SF
Availability

100 Spaces

453,831 SF
Year Built

1961
For Lease Contact for pricing
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Pointe Plaza

NWC Central Avenue & Touhy Avenue, Niles, IL
Property

Retail

193,718 SF
Availability

5 Spaces

34,168 SF
For Lease Contact for pricing
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Dempster Plaza

8650 West Dempster Street, Niles, IL
Property

Retail
Availability

1 Space

1,354 SF
For Lease Contact for pricing
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Ballard Plaza

8490 North Greenwood Avenue, Niles, IL
Property

Retail

1,813 SF
Availability

1 Space

1,813 SF
For Lease Contact for pricing
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Dempster Plaza

8730 West Dempster Street, Niles, Des Plaines, IL
Property

Retail

217,918 SF
Availability

3 Spaces

12,854 SF
Year Built

1969
For Lease Contact for pricing
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8780 West Golf Road

8780 West Golf Road, Niles, IL
Property

Office

28,950 SF
Availability

8 Spaces

23,572 SF
For Lease

$18.00/SF/YR
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Golf Glen Mart Plaza

9000-9196 Golf Road, Niles, IL
Property

Retail

240,000 SF
Availability

1 Space

12,000 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 Niles commercial real estate market incorporates 77,136 square feet of office space across 7 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 Niles commercial real estate market includes 11,011,502,019 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 Niles market, there is a total of 654,222 square feet of industrial property.

The listing inventory in Niles 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 Niles is represented by Retail space, which accounts for 2,199,601,569 square feet of available listings. Industrial space available in Niles adds up to 164,509 square feet.

Meanwhile, most of the listings of commercial property for sale in Niles 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 Niles is $17.15 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 Niles 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 Niles, 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 $19 per square foot. In particular, the property type commanding the highest lease rates in Niles was Office space.

Conversely, the highest sale price last year was $2,675,000 that is located at 7400 North Caldwell Avenue.

The average size of a commercial property in Niles 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 Niles, the average size of an office property is 15,428 square feet.
Retail properties here incorporate an average of 1,376,437,753 square feet.
Industrial space in Niles is in buildings that are, on average 109,037 square feet in size.

Niles, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Niles currently add up to 2,199,856,625 square feet. The market offers 5 active office listing(s), which amount to 44,257 square feet and account for 17% of commercial spaces on the market. Local retail availability includes 2,199,604,467 square feet across 14 retail space(s). Industrial space for rent opportunities in Niles amount to 164,509 square feet across a total of 9 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	5	44,257
Retail	14	2,199,604,467
Industrial	9	164,509
Other	0	43,392

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 Niles, IL. Currently, there is 8,115 square feet of commercial property for sale here , which includes 2 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	2	8,115

Niles, 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 Niles, IL?

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

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

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

Niles, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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