Highland Park, Lake County, IL Commercial Real Estate for Lease and Sale

Explore 35 listings of Highland Park commercial real estate to find the best space for your business.

36 Skokie Hwy

36-40 Skokie Hwy, Highland Park, IL
Property

Retail

4,000 SF
Availability

2 Spaces

4,000 SF
Year Built

1997
For Lease

$25.00/SF/YR
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36-40 Skokie Valley Rd

36-40 Skokie Valley Rd, Highland Park, IL
Property

Retail

4,000 SF
Availability

1 Space

2,500 SF
For Lease

$25.00/SF/YR
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1725 N McGovern

1725 N McGovern, Highland Park, IL
Property

Office

15,000 SF
Availability

2 Spaces

8,526 SF
For Lease

$25.00/SF/YR
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1929 Sheridan Road

1929 Sheridan Road, Highland Park, IL
Property

Retail

1,596 SF
Availability

1 Space

1,596 SF
For Lease

$30.00/SF/YR
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Office Coworking Retail

Office Land
1788 2nd St

1788 2nd St, Highland Park, IL
Property

Office

6,200 SF
Availability

2 Spaces

945 SF
Year Built

1986
For Lease

$20.00/SF/YR
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500-508 Central Ave, Highland Park, IL

500-508 Central Ave, Highland Park, IL
Property

Retail

17,011 SF
Availability

4 Spaces

3,307 SF
For Lease

$18.00/SF/YR
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1700 Green Bay Rd

1700 Green Bay Rd, Highland Park, IL
Property

Office

4,456 SF
Availability

3 Spaces

4,456 SF
For Lease

$18.00/SF/YR
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Highland Park Hospital - Professional Building

767 Park Avenue, Highland Park, IL
Property

Office

42,173 SF
Availability

1 Space

3,433 SF
Year Built

1987
For Lease Contact for pricing
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474 Central Ave, Highland Park, IL

474 Central Ave, Highland Park, IL
Property

Retail

21,000 SF
Availability

7 Spaces

11,411 SF
For Lease

$10.50 - $18.00/SF/YR
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Port Clinton Square

600 Central Avenue, Highland Park, IL
Property

Office

84,558 SF
Availability

4 Spaces

10,022 SF
Year Built

1982
For Lease Contact for pricing
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1910 First St, Highland Park, IL

1910 First Street, Highland Park, IL
Property

Office

28,000 SF
Availability

7 Spaces

8,397 SF
For Lease

$16.00 - $20.00/SF/YR
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210 Skokie Hwy

210 Skokie Valley Road, Highland Park, IL
Property

Office

17,500 SF
Year Built

1960
For Sale

$2,100,000
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579 Central Ave, Highland Park, IL

579 Central Ave, Highland Park, IL
Property

Retail

3,951 SF
Availability

1 Space

3,951 SF
For Lease

$34.00/SF/YR
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430 Park Avenue

430 Park Avenue, Highland Park, IL
Property

Office

26,800 SF
Availability

5 Spaces

10,044 SF
Year Built

1920
For Lease

$25.00 - $30.00/SF/YR
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1780 Green Bay Rd

1780 Green Bay Rd, Highland Park, IL
Property

Office

988 SF
Availability

1 Space

988 SF
Year Built

1998
For Lease

$32.00/SF/YR
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Dayhouse Coworking
Dayhouse Coworking
2057 Green Bay Road, Highland Park, IL
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

High-speed wifi

Kitchen

Mail services

Printer

Snacks

Window view
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3500 Western Ave

3500 Western Ave, Highland Park, IL
Property

Office

21,000 SF
Availability

2 Spaces

5,512 SF
Year Built

1906
For Lease

$10.00 - $25.78/SF/YR
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1866 Sheridan Rd, Highland Park, IL

1866 Sheridan Rd, Highland Park, IL
Property

Office

20,000 SF
Availability

7 Spaces

5,057 SF
For Lease

$21.00 - $30.00/SF/YR
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1780-1788 2nd St

1780-1788 2nd St, Highland Park, IL
Property

Office

14,000 SF
Availability

2 Spaces

945 SF
For Lease

$20.00/SF/YR
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210 Skokie Valley Road

210 Skokie Valley Road, Highland Park, IL
Property

Office

17,500 SF
Availability

4 Spaces

6,971 SF
Year Built

1960
For Lease

$19.00 - $24.00/SF/YR
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1811 St. Johns Ave, Highland Park, IL

1811 St. Johns Ave, Highland Park, IL
Property

Mixed Use

7,500 SF
Availability

1 Space

723 SF
For Lease

$23.00/SF/YR
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1610 Deerfield Road

1610 Deerfield Road, Highland Park, IL
Property

Retail
Availability

4 Spaces

75,903 SF
For Lease Contact for pricing
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513 Central Avenue

513 Central Avenue, Highland Park, IL
Property

Office

53,874 SF
Availability

15 Spaces

11,602 SF
Year Built

1907
For Lease

$6.00 - $24.00/SF/YR
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490-492 Central Ave, Highland Park, IL

490-492 Central Ave, Highland Park, IL
Property

Retail

6,450 SF
Availability

1 Space

3,071 SF
For Lease

$18.00/SF/YR
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555 Roger Williams Ave

555 Roger Williams Ave, Highland Park, IL
Property

Retail

24,000 SF
Availability

1 Space

854 SF
Year Built

2022
For Lease

$19.76/SF/YR
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426 Park East Offices
Dahlmann Properties
426 Park Avenue, Highland Park, IL
Services

Private Office
Amenities

24/7 security

Cleaning services

Complimentary coffee & tea

High-speed wifi

Kitchen

Parking

Receptionist/Secretarial services

White boards

Window view
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1849 Green Bay Road
Enclave
1849 Green Bay Road #109, Highland Park, IL
Services

Open Workspace

Meeting Room

Private Office
Amenities

Bar

Complimentary coffee & tea

High-speed internet

High-speed wifi

Lockers

Lounge area

Printer

Privacy booths

Professional & social events

Snacks
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464-468 Central Ave, Highland Park, IL

464-468 Central Ave, Highland Park, IL
Property

Retail

1,260 SF
Availability

1 Space

1,260 SF
For Lease

$28.00/SF/YR
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The Shops on Elm Place

NEC Elm Pl & 2nd St, Highland Park, IL
Property

Retail

2,500 SF
Availability

1 Space

2,500 SF
For Lease Contact for pricing
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1900 1st St

1900 1st St, Highland Park, IL
Property

Retail

2,414 SF
Availability

1 Space

2,414 SF
Year Built

1955
For Lease

$27.45/SF/YR
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1316 Old Skokie Valley Rd

1316 Old Skokie Valley Rd, Highland Park, IL
Property

Office

5,448 SF
Availability

1 Space

5,448 SF
For Lease

$18.00/SF/YR
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Crossroads Shopping Center

NEC Lake Cook Road & Skokie Valley Road, Highland Park, IL
Property

Retail

168,000 SF
Availability

3 Spaces

8,349 SF
For Lease Contact for pricing
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1849 2ND STREET

1849 2ND STREET, Highland Park, HIGHLAND PARK, IL
Property

Retail

3,500 SF
Availability

1 Space

3,500 SF
For Lease Contact for pricing
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799 Central Avenue

799 Central Avenue, Highland Park, IL
Property

Retail

65,237 SF
Availability

4 Spaces

21,816 SF
Year Built

2004
For Lease

$28.00/SF/YR
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2132 Greenbay Road

2132 Greenbay Road, Highland Park, IL
Property

Office

5,000 SF
Availability

1 Space

5,000 SF
For Lease

$21.00/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 Highland Park commercial real estate market incorporates 362,497 square feet of office space across 20 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 Highland Park commercial real estate market includes 344,881 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 Highland 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 Highland Park is represented by Retail space, which accounts for 147,833 square feet of available listings. Office space available in Highland Park adds up to 87,346 square feet.

Meanwhile, most of the listings of commercial property for sale in Highland Park 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 Highland Park is $20.86 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 Highland 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 Highland 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 $25.78 per square foot. In particular, the property type commanding the highest lease rates in Highland Park was Office space.

The average size of a commercial property in Highland 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 Highland Park, the average size of an office property is 22,657 square feet.
Retail properties here incorporate an average of 22,993 square feet.

Highland Park, Lake County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Highland Park currently add up to 237,402 square feet. The market offers 18 active office listing(s), which amount to 77,324 square feet and account for 45% of commercial spaces on the market. Local retail availability includes 159,355 square feet across 22 retail space(s).

Property Type	Count of Listings	Total SF
Office	18	77,324
Retail	22	159,355
Other	0	723

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 Highland Park, Lake County, IL. Currently, there is 20,227 square feet of commercial property for sale here , which includes 2 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	2	20,227

Highland Park, Lake 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 Highland Park, IL?

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

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

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

Highland Park, Lake County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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