Arlington Heights, Cook County, IL Commercial Real Estate for Lease and Sale

Explore 74 listings of Arlington Heights commercial real estate to find the best space for your business.

2448-2490 East Oakton Street

2490 East Oakton Street, Arlington Heights, IL
Property

Industrial

38,224 SF
Availability

1 Space

2,222 SF
Year Built

1973
For Lease

$10.75/SF/YR
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53,367-68,588 SF For Lease or 99,365 SF For Sale in Arlington Heights

3311 N Kennicott Ave, Arlington Heights, IL
Property

Industrial

99,365 SF
Year Built

1982
For Sale

$11,850,000
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The Exchange at 44 Vail

44 S Vail Ave, Arlington Heights, IL
Property

Office

54,270 SF
Year Built

1959
For Sale

$12,000,000
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121 S Wilke Rd

121 South Wilke Road, Arlington Heights, IL
Property

Office

71,560 SF
Availability

22 Spaces

39,856 SF
Year Built

1972
For Lease

$15.50 - $16.75/SF/YR
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
Commerce Point Tech Center

3930 Ventura Drive, Arlington Heights, IL
Property

Industrial

54,976 SF
Availability

1 Space

2,724 SF
For Lease

$10.00/SF/YR
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539 West Algonquin Road

539 West Algonquin Road, Arlington Heights, IL
Property

Industrial

39,985 SF
Year Built

1980
For Sale

$3,798,575
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831-843 N Wilke Rd, Arlington Heights, IL

831-843 N Wilke Rd, Arlington Heights, IL
Property

Retail

15,005 SF
Availability

1 Space

8,500 SF
For Lease

$12.50/SF/YR
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2375 East Oakton Street

2375 East Oakton Street, Arlington Heights, IL
Property

Industrial

16,177 SF
Availability

1 Space

16,177 SF
For Lease

$23.00/SF/YR
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Northpoint Shopping Center

440 East Rand Road, Arlington Heights, IL
Property

Retail

278,210 SF
Availability

14 Spaces

57,498 SF
Year Built

1971
For Lease Contact for pricing
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5 E College Dr Ste 203

5 E College Dr Ste 203, Arlington Heights, IL
Property

Office
Availability Contact for availability

For Lease Contact for pricing
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115 W Dundee Rd

115 W Dundee Rd, Arlington Heights, IL
Property

Retail

60,638 SF
Availability

1 Space

60,638 SF
For Lease Contact for pricing
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Ridge Plaza

960 Dundee Road, Arlington Heights, IL
Property

Retail

151,643 SF
Availability

5 Spaces

49,425 SF
Year Built

1986
For Lease Contact for pricing
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Southpoint Shopping Center

SEC Rand Road & Palatine Road, Arlington Heights, IL
Property

Retail

62,524 SF
Availability

1 Space

11,841 SF
For Lease Contact for pricing
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330 E Algonquin Rd

330 E Algonquin Rd, Arlington Heights, IL
Property

Office

21,998 SF
For Sale

$2,150,000
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115 W Dundee Rd

115 W Dundee Rd, Arlington Heights, IL
Property

Retail

60,638 SF
For Sale Contact for pricing
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444 East Algonquin Road

444 East Algonquin Road, Arlington Heights, IL
Property

Office

29,818 SF
Year Built

1988
For Sale

$3,727,250
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21 South Evergreen Avenue
Cocial
21 South Evergreen Avenue, Arlington Heights, IL
Services

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

Kitchen

Parking

Podcast room

TV/Monitor

White boards

Window view
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400 W. Northwest Hwy.

400 W. Northwest Hwy. , Arlington Heights, IL
Property

Industrial

20,794 SF
Availability

5 Spaces

9,686 SF
Year Built

1950
For Lease

$16.00/SF/YR
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Annex of Arlington

1 West Rand Road, Arlington Heights, IL
Property

Retail

199,463 SF
Availability

2 Spaces

5,218 SF
Year Built

1985
For Lease Contact for pricing
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605 E Algonquin

605 E Algonquin, Arlington Heights, IL
Property

Office

31,326 SF
Availability

4 Spaces

12,684 SF
Year Built

1971
For Lease

$14.00 - $156.00/SF/YR
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2375 East Oakton Street

2375 East Oakton Street, Arlington Heights, IL
Property

Industrial

16,177 SF
For Sale Contact for pricing
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Downtown Arlington Heights

18-24 E Northwest Hwy, Arlington Heights, IL
Property

Retail

3,770 SF
Availability

2 Spaces

3,770 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 Arlington Heights commercial real estate market incorporates 1,395,892 square feet of office space across 35 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. In Arlington Heights, the coworking segment of the commercial real estate market incorporates about 1,144 square feet.
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 Arlington Heights commercial real estate market includes 1,112,820 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 Arlington Heights market, there is a total of 595,023 square feet of industrial property.

The listing inventory in Arlington Heights 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 Arlington Heights is represented by Office space, which accounts for 495,676 square feet of available listings. Retail space available in Arlington Heights adds up to 277,456 square feet.

Meanwhile, most of the listings of commercial property for sale in Arlington Heights 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 Arlington Heights is $17.79 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 Arlington Heights 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. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $26.85 per square foot, industrial space in Arlington Heights saw average rents of $15.25 per square foot.

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 Arlington Heights, 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 $32.94 per square foot. In particular, the property type commanding the highest lease rates in Arlington Heights was Office space.

Conversely, the highest sale price last year was $27,600,000 that is located at 1421 West Shure Drive.

The average size of a commercial property in Arlington 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 Arlington Heights, the average size of an office property is 49,854 square feet.
Retail properties here incorporate an average of 79,488 square feet.
Industrial space in Arlington Heights is in buildings that are, on average 54,093 square feet in size.

Arlington Heights, Cook County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Arlington Heights currently add up to 921,614 square feet. The market offers 29 active office listing(s), which amount to 495,676 square feet and account for 53% of commercial spaces on the market. Local retail availability includes 277,214 square feet across 16 retail space(s). Industrial space for rent opportunities in Arlington Heights amount to 126,249 square feet across a total of 9 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	29	495,676
Retail	16	277,214
Industrial	9	126,249
Other	0	22,475

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 Arlington Heights, Cook County, IL. Currently, there is 806,767 square feet of commercial property for sale here , which includes 6 office building(s) for sale , 3 retail investment opportunity listing(s) , and 5 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	6	183,920
Retail	3	418,273
Industrial	5	192,724
Other	1	11,850

Arlington Heights, Cook County, IL Commercial Real Estate for Lease and Sale

2448-2490 East Oakton Street

53,367-68,588 SF For Lease or 99,365 SF For Sale in Arlington Heights

The Exchange at 44 Vail

121 S Wilke Rd

Commerce Point Tech Center

539 West Algonquin Road

831-843 N Wilke Rd, Arlington Heights, IL

2375 East Oakton Street

Northpoint Shopping Center

5 E College Dr Ste 203

115 W Dundee Rd

Ridge Plaza

Southpoint Shopping Center

330 E Algonquin Rd

115 W Dundee Rd

444 East Algonquin Road

21 South Evergreen Avenue

400 W. Northwest Hwy.

Annex of Arlington

605 E Algonquin

2375 East Oakton Street

Downtown Arlington Heights

Frequently Asked Questions

Arlington Heights, Cook County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Arlington Heights, Cook County, 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 Arlington Heights, IL?

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

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

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

Arlington Heights, Cook County, 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