Long Grove, Lake County, IL Commercial Real Estate for Lease and Sale

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

One Salem Lake

1 Salem Lake Drive, Long Grove, IL
Property

Office

150,000 SF
Availability

1 Space

120,000 SF
Year Built

1975
For Lease Contact for pricing
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2340 Arlington Heights Road

2340 Arlington Heights Road, Buffalo Grove, IL
Property

Office

63,148 SF
For Sale

$2,999,000
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Office Redevelopment Opportunity in Long Grove, IL

3890 Salem Lake Dr, Long Grove, Kildeer, IL
Property

Other
For Sale

$5,500,000
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3436 North Kennicott Avenue

3436 North Kennicott Avenue, Arlington Heights, IL
Property

Office

43,644 SF
Availability

3 Spaces

18,906 SF
Year Built

1980
For Lease

$16.50/SF/YR
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Confidential

1116-1122 North Diamond Lake Road, Crane's, Mundelein, IL
Property

Retail

12,875 SF
For Sale

$1,550,000
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Hawthorn Business Park - 3 Hawthorn Pkwy

3 Hawthorn Pkwy, Vernon Hills, IL
Property

Office

85,687 SF
Availability

6 Spaces

23,015 SF
Year Built

1990
For Lease

$24.82/SF/YR
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727 Hastings Lane

727 Hastings Lane, Buffalo Grove, IL
Property

Industrial

12,594 SF
Availability

1 Space

3,200 SF
Year Built

1987
For Lease Contact for pricing
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Tradewinds Distribution Center

300-306 Terrace Drive, Clearbrook Park, Mundelein, IL
Property

Industrial

110,240 SF
Availability

1 Space

21,760 SF
Year Built

1998
For Lease Contact for pricing
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Commercial/Retail Site - Vernon Hills, IL

1252 US-45, Vernon Hills, IL
Property

Other
For Sale

$850,000
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1405-1495 BUSCH PARKWAY

1405-1495 BUSCH PARKWAY, Buffalo Grove, BUFFALO GROVE, IL
Property

Industrial

88,380 SF
Availability

1 Space

9,480 SF
For Lease

$9.95/SF/YR
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30 E Main St

30 E Main St, Lake Zurich, IL
Property

Retail

1,250 SF
Availability

1 Space

1,250 SF
For Lease

$23.00/SF/YR
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3115-3135 N. Wilke Arlington Hts

3115-3135 N. Wilke Arlington Hts, Arlington Heights, IL
Property

Office

33,529 SF
Availability

5 Spaces

14,608 SF
For Lease

$15.50/SF/YR
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405 Washington Blvd

405 Washington Blvd, Lakewood Heights, Mundelein, IL
Property

Office

32,000 SF
Availability

4 Spaces

9,256 SF
Year Built

1974
For Lease

$10.00 - $15.00/SF/YR
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404 Washington Boulevard

404 Washington Boulevard, Lakewood Heights, Mundelein, IL
Property

Industrial

31,600 SF
Availability

1 Space

31,600 SF
Year Built

1976
For Lease

$9.75/SF/YR
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333 Washington Blvd

333 Washington Blvd, Lakewood Heights, Mundelein, IL
Property

Industrial

32,855 SF
Year Built

1969
For Sale

$3,250,000
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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 Long Grove commercial real estate market incorporates 213,148 square feet of office space across 2 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.
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 Long Grove 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 Long Grove is represented by Office space, which accounts for 120,000 square feet of available listings.

Meanwhile, most of the listings of commercial property for sale in Long Grove 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 Long Grove, 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 Long Grove 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 Long Grove, the average size of an office property is 106,574 square feet.

Long Grove, Lake County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Long Grove currently add up to 120,000 square feet. The market offers 1 active office listing(s), which amount to 120,000 square feet .

Property Type	Count of Listings	Total SF
Office	1	120,000

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 Long Grove, Lake County, IL. Currently, there is 63,148 square feet of commercial property for sale here , which includes 1 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	1	63,148

Long Grove, Lake County, IL Commercial Real Estate for Lease and Sale

One Salem Lake

2340 Arlington Heights Road

Office Redevelopment Opportunity in Long Grove, IL

3436 North Kennicott Avenue

Confidential

Hawthorn Business Park - 3 Hawthorn Pkwy

727 Hastings Lane

Tradewinds Distribution Center

Commercial/Retail Site - Vernon Hills, IL

1405-1495 BUSCH PARKWAY

30 E Main St

3115-3135 N. Wilke Arlington Hts

405 Washington Blvd

404 Washington Boulevard

333 Washington Blvd

Frequently Asked Questions

Long Grove, Lake County, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Long Grove, 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 Long Grove, IL?

What factors affect the price of commercial real estate in Long Grove, IL?

What are the best areas for commercial real estate in Long Grove, 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 Long Grove, IL?

Long Grove, Lake 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