Frankfort Square, IL Commercial Real Estate for Lease and Sale

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

Tinley Park Business Center

19601 South Harlem Ave, Frankfort Square, Tinley Park, IL
Property

Industrial

1,200,000 SF
Availability

3 Spaces

1,262,300 SF
For Lease Contact for pricing
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Route 30 & Harlem Avenue

Route 30 & Harlem Avenue, Frankfort Square, Frankfort, IL
Property

VacantLand

4 Acre
For Sale

$800,000
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18425 West Creek Drive

18425 West Creek Drive, Tinley Park, IL
Property

Office

28,702 SF
Availability

1 Space

5,858 SF
Year Built

2001
For Lease

$10.95/SF/YR
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20901 South La Grange Road

20901 South La Grange Road, Frankfort, IL
Property

Office

26,786 SF
Availability

2 Spaces

3,583 SF
Year Built

2008
For Lease

$27.00/SF/YR
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Tinley Crossings

8151 183rd Street, Tinley Park, IL
Property

Office

51,023 SF
Availability

1 Space

51,023 SF
Year Built

2001
For Lease

$13.50/SF/YR
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Advocate Medical Campus Southwest

18210 South LaGrange Road, Tinley Park, IL
Property

Office

52,950 SF
Availability

4 Spaces

8,384 SF
Year Built

2003
For Lease Contact for pricing
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970,123 SF Available for Lease in University Park - New Construction

University Parkway East of Central Avenue, Monee, Frankfort, IL
Property

Industrial

970,123 SF
Availability

1 Space

970,123 SF
For Lease Contact for pricing
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16532 Oak Park Ave

16532 Oak Park Avenue, Tinley Park, IL
Property

Office

18,000 SF
Availability

1 Space

2,126 SF
Year Built

2005
For Lease

$19.50/SF/YR
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21300 S Cicero Ave, Matteson, IL

21300 S Cicero Ave, Matteson, IL
Property

Office

73,256 SF
Availability

6 Spaces

46,015 SF
For Lease

$14.00/SF/YR
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16906 Oak Park Ave

16906 Oak Park Avenue, Tinley Park, IL
Property

Retail

4,340 SF
Availability

1 Space

4,340 SF
For Lease

$27.50/SF/YR
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SWQ 191ST ST & LAGRANGE RD

SWQ 191ST ST & LAGRANGE RD, Mokena, IL
Property

VacantLand

4,180 SF
Year Built

2005
For Sale

$5,015,000
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Single Tenant Investment Property

17702 Oak Park Ave, Tinley Park, IL
Property

Retail

4,100 SF
Year Built

1985
For Sale

$495,000
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4749 Lincoln Mall Drive

4749 Lincoln Mall Drive, Matteson, IL
Property

Office

76,200 SF
Availability

19 Spaces

34,882 SF
Year Built

1979
For Lease

$14.00 - $17.00/SF/YR
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Old LaGrange Road Center

19081 Old Lagrange Rd , Mokena, IL
Property

Retail

44,920 SF
Availability

2 Spaces

27,353 SF
Year Built

1997
For Lease

$8.00 - $15.00/SF/YR
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19222 S Townline Rd

19222 S Townline Rd, Mokena, IL
Property

Retail

7,613 SF
Availability

3 Spaces

7,613 SF
Year Built

2017
For Lease

$25.00 - $27.00/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.

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.
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 Frankfort Square market, there is a total of 1,200,000 square feet of industrial property.

The listing inventory in Frankfort Square 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 Frankfort Square is represented by Industrial space, which accounts for 1,262,300 square feet of available listings.

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

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 Frankfort Square, 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 Frankfort Square 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:

Industrial space in Frankfort Square is in buildings that are, on average 1,200,000 square feet in size.

Frankfort Square, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Frankfort Square currently add up to 1,262,300 square feet. Industrial space for rent opportunities in Frankfort Square amount to 1,262,300 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Industrial	1	1,262,300

Frankfort Square, IL Commercial Real Estate for Lease and Sale

Tinley Park Business Center

Route 30 & Harlem Avenue

18425 West Creek Drive

20901 South La Grange Road

Tinley Crossings

Advocate Medical Campus Southwest

970,123 SF Available for Lease in University Park - New Construction

16532 Oak Park Ave

21300 S Cicero Ave, Matteson, IL

16906 Oak Park Ave

SWQ 191ST ST & LAGRANGE RD

Single Tenant Investment Property

4749 Lincoln Mall Drive

Old LaGrange Road Center

19222 S Townline Rd

Frequently Asked Questions

Frankfort Square, IL Currently Available Listings

Commercial Space for Lease Breakdown

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Frankfort Square, 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 Frankfort Square, IL?

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

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

Frankfort Square, IL Currently Available Listings

Commercial Space for Lease Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us