Oak Park, IL Commercial Real Estate for Lease and Sale

Explore 31 listings of Oak Park commercial real estate to find the best space for your business.

Downtown Oak Park Opportunity

113-115 N. Marion Street, Oak Park, IL
Property

Retail

9,737 SF
Year Built

1920
For Sale

$2,350,000
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840 S Oak Park Ave

840 S Oak Park Ave, Oak Park, IL
Property

Office

21,000 SF
Availability

3 Spaces

1,985 SF
For Lease

$20.00/SF/YR
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2-Story Oak Park Office Available

6955 W. North Avenue, Oak Park, IL
Property

Office

6,700 SF
Year Built

1962
For Sale

$575,000
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Oak Park-River Forest Retail

Lake Street & Harlem Avenue, Oak Park, Oak Park River Forest, IL
Property

Retail

190,201 SF
Availability

6 Spaces

23,197 SF
For Lease Contact for pricing
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Office Coworking Retail

Office Retail Land
Oak Park
Regus
1010 Lake Street Suite 200, Oak Park, IL
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Downtown Oak Park Opportunity

113-115 N. Marion Street, Oak Park, IL
Property

Retail

9,737 SF
Availability

4 Spaces

2,658 SF
Year Built

1920
For Lease

$20.00 - $30.00/SF/YR
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845 Madison St.

845 Madison St., Oak Park, IL
Property

Retail

10,368 SF
Year Built

1936
For Sale

$1,249,000
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Oak Park Office/Medical Building Available

6142-6144 W. Roosevelt Rd, Oak Park, IL
Property

Office

9,000 SF
Availability

4 Spaces

1,588 SF
Year Built

1955
For Lease

$24.00/SF/YR
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Two-Story Office Building with Lower Level Available

6957 W North Avenue | 1244-1246 Forest Avenue, Oak Park, IL
Property

Office

9,148 SF
Year Built

1962
For Sale

$895,000
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North + Harlem Plaza

7101 W North Avenue, Oak Park, IL
Property

Retail
Availability

2 Spaces

3,013 SF
For Lease Contact for pricing
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North Tower Plaza

W-NWC Harlem Ave & North Ave , Oak Park, Elmwood Park, IL
Property

Retail

26,088 SF
Availability

2 Spaces

4,260 SF
For Lease Contact for pricing
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3-Story Oak Park Investment Opportunity

1053 Lake Street, Oak Park, IL
Property

Retail

5,586 SF
Year Built

1913
For Sale

Subject to Offer
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Free Standing Retail Building with on Site Parking

6209 W. North Ave., Oak Park, IL
Property

Retail

14,000 SF
Availability

1 Space

14,000 SF
For Lease

$15.00/SF/YR
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316 Madison Street

316 Madison Street, Oak Park, IL
Property

Retail

2,492 SF
Availability

1 Space

2,492 SF
For Lease Contact for pricing
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6303-6427 W North Avenue

6303-6427 W North Avenue, Oak Park, IL
Property

Retail
Availability

2 Spaces

2,800 SF
For Lease Contact for pricing
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2-Story Oak Park Office Available

6955 W. North Avenue, Oak Park, IL
Property

Office

6,700 SF
Availability

6 Spaces

3,690 SF
Year Built

1962
For Lease

$16.00/SF/YR
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Wendy's

11 North Harlem Avenue, Oak Park, IL
Property

Retail

3,500 SF
Year Built

1985
For Sale

$3,450,000
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Two-Story Office Building with Lower Level Available

6957 W North Avenue | 1244-1246 Forest Avenue, Oak Park, IL
Property

Office

9,148 SF
Availability

8 Spaces

2,615 SF
Year Built

1962
For Lease

$18.00/SF/YR
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Oak Park Office/Medical Building Available

6142-6144 W. Roosevelt Rd, Oak Park, IL
Property

Office

9,000 SF
Year Built

1955
For Sale

$1,495,000
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1136 Lake Street

1136 Lake Street, Oak Park, IL
Property

Retail
Availability

1 Space

5,300 SF
For Lease Contact for pricing
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Forest Park Plaza

7600-7630 W Roosevelt Road, Oak Park, Forest Park, IL
Property

Retail

254,433 SF
Availability

3 Spaces

105,827 SF
Year Built

1983
For Lease Contact for pricing
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Free Standing Retail Building with on Site Parking

6209 W. North Ave., Oak Park, IL
Property

Retail

14,000 SF
For Sale

$2,750,000
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210 Lake Street

210 Lake Street, Oak Park, IL
Property

Retail

6,022 SF
Availability

1 Space

900 SF
For Lease Contact for pricing
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Prime Oak Park Retail Opportunity

6912-6926 W Roosevelt Road, Oak Park, IL
Property

Retail

8,600 SF
Year Built

1922
For Sale

$1,150,000
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Prime Oak Park Retail Opportunity

6912-6926 W Roosevelt Road, Oak Park, IL
Property

Retail

8,600 SF
Availability

3 Spaces

3,665 SF
Year Built

1922
For Lease

$18.00/SF/YR
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1033 South Boulevard
CrossFunction
1033 South Boulevard, Oak Park, IL
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

High-speed wifi

Lockers

Mail services

Office furniture

Parking

Printer

Privacy booths

Professional & social events

Receptionist/Secretarial services
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136 North Marion Street
Enclave
136 North Marion Street, Oak Park, IL
Services

Open Workspace

Meeting Room

Private Office
Amenities

Bar

Cleaning services

Complimentary coffee & tea

High-speed internet

High-speed wifi

Lockers

Lounge area

Printer

Privacy booths

Professional & social events
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901-910 Lake St

901-910 Lake St, Oak Park, IL
Property

Office

60,474 SF
Availability

1 Space

2,556 SF
For Lease Contact for pricing
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Water Tower Plaza

NWC Route 50 & Interstate 57, Oak Park, Bradley, IL
Property

Retail

139,007 SF
Availability

1 Space

11,364 SF
For Lease Contact for pricing
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#1078177 - General Dentistry for Sale - Oak Park

#1078177 - General Dentistry for Sale - Oak Park, Oak Park, IL
Property

Other

1,020 SF
For Sale

Subject To Offer
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1011 Lake Street

1011 Lake Street, Oak Park, IL
Property

Office

48,000 SF
Availability

8 Spaces

5,253 SF
Year Built

1929
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 Oak Park commercial real estate market incorporates 179,170 square feet of office space across 10 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 Park commercial real estate market includes 702,371 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 Park 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 Park is represented by Retail space, which accounts for 175,676 square feet of available listings. Office space available in Oak Park adds up to 17,687 square feet.

Meanwhile, most of the listings of commercial property for sale in Oak Park are in the Retail 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 Park is $17.78 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 Park 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 Park, 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 $20 per square foot. In particular, the property type commanding the highest lease rates in Oak Park was Office space.

The average size of a commercial property in Oak Park 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 Park, the average size of an office property is 19,908 square feet.
Retail properties here incorporate an average of 46,825 square feet.

Oak Park, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Oak Park currently add up to 191,353 square feet. The market offers 6 active office listing(s), which amount to 15,542 square feet and account for 35% of commercial spaces on the market. Local retail availability includes 175,811 square feet across 11 retail space(s).

Property Type	Count of Listings	Total SF
Office	6	15,542
Retail	11	175,811

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 Park, IL. Currently, there is 59,911 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 5 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	2	15,700
Retail	5	43,191
Other	1	1,020

Oak Park, 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 Park, IL?

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

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

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

Oak Park, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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