Oak Lawn, IL Commercial Real Estate for Lease and Sale

Explore 24 listings of Oak Lawn commercial real estate to find the best space for your business.

10220 S Cicero

10220 S Cicero Ave, Oak Lawn, IL
Property

Office

4,500 SF
Year Built

1978
For Sale

$564,900
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Oak Lawn Surgery Center

6309 West 95th Street, Oak Lawn, IL
Property

Healthcare

33,356 SF
Availability

4 Spaces

18,019 SF
Year Built

1997
For Lease

$19.00 - $23.00/SF/YR
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9400 South Cicero Avenue

9400 South Cicero Avenue, Oak Lawn, IL
Property

Office

77,000 SF
Availability

5 Spaces

60,157.5 SF
Year Built

1986
For Lease

$12.00 - $29.00/SF/YR
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10201 S Cicero Ave

10201 S Cicero Ave, Oak Lawn, IL
Property

Office

33,936 SF
Availability

1 Space

6,641 SF
Year Built

2012
For Lease

$22.00/SF/YR
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What type of listing property are you looking for?

Office Retail

Office Retail Land
9415 S Western Ave

9400 South Cicero Avenue, Oak Lawn, IL
Property

Office

45,000 SF
Availability

6 Spaces

5,502 SF
Year Built

1990
For Lease

$16.00 - $23.00/SF/YR
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9600-9650 S. Pulaski

9600-9650 S. Pulaski, Oak Lawn, IL
Property

Retail

24,685 SF
Availability

3 Spaces

5,654 SF
For Lease

$19.00/SF/YR
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87th & Ridgeland Ave

6417-6421 W 87th St, Oak Lawn, IL
Property

Retail

15,687 SF
Availability

1 Space

5,940 SF
For Lease Contact for pricing
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4815 W 95th St

4815 W 95th St, Oak Lawn, IL
Property

Other

2,886 SF
Availability

1 Space

2,886 SF
For Lease

$20.00/SF/YR
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Chicago Ridge 95th Street Anchor Development

95th Street & Ridgeland Ave, Oak Lawn, Chicago Ridge, IL
Property

Retail
Availability

8 Spaces

101,925 SF
For Lease Contact for pricing
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87th & Ridgeland Outlot

8700 South Ridgeland Avenue, Oak Lawn, IL
Property

VacantLand
Availability

1 Space

3,000 SF
For Lease Contact for pricing
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6343 West 95th Street

6343 West 95th Street, Oak Lawn, IL
Property

Retail

4,572 SF
Availability

1 Space

4,572 SF
For Lease Contact for pricing
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4861 W 95th St

4861 W 95th St, Oak Lawn, IL
Property

Healthcare

6,600 SF
Year Built

1946
For Sale

$175,000
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4861 W 95th St

4861 W 95th St, Oak Lawn, IL
Property

Healthcare

6,600 SF
Availability

1 Space

6,600 SF
Year Built

1988
For Lease

$23.00/SF/YR
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Stony Creek Promenade

4830 West 111th Street, Oak Lawn, IL
Property

Retail

157,647 SF
Availability

1 Space
For Lease Contact for pricing
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Oak Lawn Medical Office

9115 S. Cicero, Oak Lawn, IL
Property

Office

10,510 SF
Availability

2 Spaces

5,800 SF
Year Built

1975
For Lease

$14.00 - $18.00/SF/YR
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4900 W 95th St

4900 W 95th St, Oak Lawn, IL
Property

Office

25,000 SF
Availability

2 Spaces

26,000 SF
For Lease

$12.00 - $15.00/SF/YR
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11017 S Cicero Ave

11017 S Cicero Ave, Oak Lawn, IL
Property

Retail

2,400 SF
Availability

1 Space

2,400 SF
For Lease Contact for pricing
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State Road Plaza

8739 South Ridgeland Avenue, Oak Lawn, IL
Property

Retail

73,159 SF
Availability

5 Spaces

21,325 SF
Year Built

1963
For Lease Contact for pricing
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Oak Lawn Promenade

95th St & Ridgeland Ave, Oak Lawn, IL
Property

Retail

32,274 SF
Availability

3 Spaces

4,169 SF
For Lease Contact for pricing
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Shops at Cicero

SEC CICERO AVE. & 95TH ST., Oak Lawn, IL
Property

Retail

44,125 SF
Availability

1 Space

66,666 SF
For Lease Contact for pricing
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9801 South Cicero Avenue

9801 South Cicero Avenue, Oak Lawn, IL
Property

Retail

4,257 SF
For Sale Contact for pricing
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5851 W. 95th St.

5851 W. 95th St., Oak Lawn, IL
Property

Office

25,000 SF
Availability

1 Space

2,500 SF
For Lease

$27.00/SF/YR
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9715 Southwest Hwy

9715 Southwest Hwy, Oak Lawn, IL
Property

Office

2,500 SF
Year Built

1945
For Sale

$399,000
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5220 W. 105th St.

5220 W. 105th St., Oak Lawn, IL
Property

Office

50,000 SF
Availability

1 Space

30,600 SF
Year Built

1970
For Lease

$10.00/SF/YR
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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 Oak Lawn commercial real estate market incorporates 273,446 square feet of office space across 11 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 Oak Lawn commercial real estate market includes 358,806 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 Oak Lawn 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 Oak Lawn is represented by Retail space, which accounts for 199,100 square feet of available listings. Office space available in Oak Lawn adds up to 137,201 square feet.

Meanwhile, most of the listings of commercial property for sale in Oak Lawn 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 Oak Lawn is $19.04 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 Oak Lawn 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 Oak Lawn, 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 per square foot. In particular, the property type commanding the highest lease rates in Oak Lawn was Office space.

The average size of a commercial property in Oak Lawn 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 Oak Lawn, the average size of an office property is 30,383 square feet.
Retail properties here incorporate an average of 39,868 square feet.

Oak Lawn, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Oak Lawn currently add up to 306,648 square feet. The market offers 8 active office listing(s), which amount to 77,043 square feet and account for 38% of commercial spaces on the market. Local retail availability includes 199,100 square feet across 10 retail space(s).

Property Type	Count of Listings	Total SF
Office	8	77,043
Retail	10	199,100
Other	3	30,505

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 Oak Lawn, IL. Currently, there is 94,857 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	3	84,000
Retail	1	4,257
Other	1	6,600

Oak Lawn, IL Commercial Real Estate for Lease and Sale

10220 S Cicero

Oak Lawn Surgery Center

9400 South Cicero Avenue

10201 S Cicero Ave

9415 S Western Ave

9600-9650 S. Pulaski

87th & Ridgeland Ave

4815 W 95th St

Chicago Ridge 95th Street Anchor Development

87th & Ridgeland Outlot

6343 West 95th Street

4861 W 95th St

4861 W 95th St

Stony Creek Promenade

Oak Lawn Medical Office

4900 W 95th St

11017 S Cicero Ave

State Road Plaza

Oak Lawn Promenade

Shops at Cicero

9801 South Cicero Avenue

5851 W. 95th St.

9715 Southwest Hwy

5220 W. 105th St.

Frequently Asked Questions

Oak Lawn, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Oak Lawn, 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 Oak Lawn, IL?

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

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

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

Oak Lawn, 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