Forest Park, IL Commercial Real Estate for Lease and Sale

Explore 15 listings of Forest Park commercial real estate to find the best space for your business.

946 Ferdinand

946 Ferdinand Avenue, Forest Park, IL
Property

Multi-Family

2,667 SF
For Sale

$500,000
View Details (opens in new window)
Harlem Plaza

1215 S Harlem Ave, Forest Park, IL
Property

Retail

9,081 SF
Availability

1 Space

1,100 SF
For Lease Contact for pricing
View Details (opens in new window)
Forest Park Retail Shopping Center

7736-48 W. Madison Street, Forest Park, IL
Property

Retail

12,000 SF
Year Built

1976
For Sale

$1,800,000
View Details (opens in new window)
7459 Franklin St

7459 Franklin St, Forest Park, IL
Property

Industrial

14,300 SF
Availability

4 Spaces

14,400 SF
Year Built

1974
For Lease Contact for pricing
View Details (opens in new window)
7227-7233 Roosevelt Road

7227-7233 Roosevelt Road, Forest Park, IL
Property

Multi-Family

9,413 SF
For Sale

$995,000
View Details (opens in new window)
7339 Madison Street
Suite Spotte
7339 Madison Street, Forest Park, IL
Services

Virtual Office

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

A/V equipment

High-speed wifi

Lockable filing cabinets

Privacy booths

TV/Monitor

White boards
View Details (opens in new window)
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
View Details (opens in new window)
Downtown Oak Park Opportunity

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

Retail

9,737 SF
Year Built

1920
For Sale

$1,675,000
View Details (opens in new window)
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
View Details (opens in new window)
210 Lake Street

210 Lake Street, Oak Park, IL
Property

Retail

6,022 SF
Availability

1 Space

900 SF
For Lease Contact for pricing
View Details (opens in new window)
2400 S 27th Ave

2400 S 27th Ave, Broadview, IL
Property

Industrial

37,254 SF
Year Built

1973
For Sale

Subject To Offer
View Details (opens in new window)
6516-6532 W North Ave.

6516-6532 W. North Avenue, Elmwood Park, Chicago, IL
Property

Retail

13,778 SF
Availability

3 Spaces

4,688 SF
Year Built

2005
For Lease

$22.00 - $25.00/SF/YR
View Details (opens in new window)
4437-4447 W. Rice Street

4437-4447 W. Rice Street, West Humboldt Park, Chicago, IL
Property

Industrial

21,978 SF
Availability

1 Space

21,978 SF
Year Built

1942
For Lease

$10.50/SF/YR
View Details (opens in new window)
2725 Thatcher Avenue

2725 Thatcher Avenue, River Grove, IL
Property

Office

35,365 SF
Availability

13 Spaces

26,878 SF
Year Built

1972
For Lease

$16.00 - $48.00/SF/YR
View Details (opens in new window)
1601 N Harlem Avenue (Chicago) & SWC Harlem Avenue & Wabansia Avenue (Elmwood Park)

1601 N Harlem Avenue (Chicago) & SWC Harlem Avenue & Wabansia Avenue (Elmwood Park), Elmwood Park, Chicago, IL
Property

Retail
Availability

6 Spaces

87,980 SF
For Lease Contact for pricing
View Details (opens in new window)

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.

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 Forest Park commercial real estate market includes 21,081 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 Forest Park market, there is a total of 14,300 square feet of industrial property.

The listing inventory in Forest 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 Forest Park is represented by Industrial space, which accounts for 14,400 square feet of available listings. Retail space available in Forest Park adds up to 1,100 square feet.

Meanwhile, most of the listings of commercial property for sale in Forest 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.

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 Forest 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.

The average size of a commercial property in Forest 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:

Retail properties here incorporate an average of 10,541 square feet.
Industrial space in Forest Park is in buildings that are, on average 14,300 square feet in size.

Forest Park, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Forest Park currently add up to 15,500 square feet. Local retail availability includes 1,100 square feet across 1 retail space(s). Industrial space for rent opportunities in Forest Park amount to 14,400 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Retail	1	1,100
Industrial	1	14,400

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 Forest Park, IL. Currently, there is 24,080 square feet of commercial property for sale here , which includes , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Retail	1	12,000
Other	2	12,080

Forest Park, IL Commercial Real Estate for Lease and Sale

946 Ferdinand

Harlem Plaza

Forest Park Retail Shopping Center

7459 Franklin St

7227-7233 Roosevelt Road

7339 Madison Street

Forest Park Plaza

Downtown Oak Park Opportunity

316 Madison Street

210 Lake Street

2400 S 27th Ave

6516-6532 W North Ave.

4437-4447 W. Rice Street

2725 Thatcher Avenue

1601 N Harlem Avenue (Chicago) & SWC Harlem Avenue & Wabansia Avenue (Elmwood Park)

Frequently Asked Questions

Forest Park, 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

About Us

Our Tools

Forest 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 Forest Park, IL?

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

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

Forest Park, 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