New Lenox, IL Commercial Real Estate for Lease and Sale

Explore 21 listings of New Lenox commercial real estate to find the best space for your business.

111 E Illinois Highway

111 E Illinois Highway, New Lenox, IL
Property

VacantLand
Availability

1 Space

50,834 SF
For Lease

$25.00/SF/YR
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111 E Illinois Highway

111 E Illinois Highway, New Lenox, IL
Property

VacantLand
For Sale

$689,000
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304 W Maple St, New Lenox, IL 60451-1634

304 West Maple Street, New Lenox, IL
Property

Office
Availability

1 Space

1,500 SF
Year Built

1965
For Lease

$15.00/SF/YR
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668 Cedar Crossings Dr

668 Cedar Crossings Dr, New Lenox, IL
Property

Office

7,905 SF
Availability

1 Space

7,905 SF
Year Built

2015
For Lease

$39.00/SF/YR
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Retail Land
Silver Cross Hospital - Pavilion A

1890 Silver Cross Blvd, New Lenox, IL
Property

Office

175,000 SF
Availability

8 Spaces

8,632 SF
Year Built

2011
For Lease Contact for pricing
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New Lenox Medical Office Building

678 Cedar Crossings Dr., New Lenox, IL
Property

Office

30,000 SF
Availability

1 Space

1,165 SF
For Lease

$26.00/SF/YR
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Proposed

433 Landings Dr., New Lenox, IL
Property

Office

38,306 SF
Availability

1 Space

2,000 SF
For Lease Contact for pricing
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Laraway Rd and S Cedar Rd

Laraway Rd and S Cedar Rd, New Lenox, IL
Property

VacantLand
For Sale

Subject To Offer
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410 E Lincoln Hwy

410 E Lincoln Hwy, New Lenox, IL
Property

Office

44,391 SF
Availability

9 Spaces

51,852 SF
Year Built

2012
For Lease Contact for pricing
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Calistoga Plaza

2101 Calistoga Drive, New Lenox, IL
Property

Retail

36,839 SF
Availability

5 Spaces

8,796 SF
For Lease

$18.00 - $216.00/SF/YR
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400 East Lincoln Highway
Nook Coworking Space
400 East Lincoln Highway #101, New Lenox, IL
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
Amenities

High-speed internet

High-speed wifi

Mail services

Office furniture

Printer
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West Laraway Road

West Laraway Road , New Lenox, IL
Property

Unassigned
For Sale Contact for pricing
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I-355 & US Highway 6

I-355 & US Highway 6, New Lenox, IL
Property

Unassigned
For Sale Contact for pricing
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Fantastic Class A Mixed-Use Asset with 90% Occupancy in New Lenox Twp, IL.

1938 E Lincoln Hwy, New Lenox, IL
Property

Retail

63,404 SF
Year Built

2005
For Sale

$13,500,000
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1,828 SF Retail Sublease Available

2340 East Lincoln Highway, New Lenox, IL
Property

Retail
Availability

1 Space

1,828 SF
For Lease

$26.29/SF/YR
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Atrium Point

1938 E LINCOLN HWY STE 101, New Lenox, NEW LENOX, IL
Property

Retail

63,404 SF
Year Built

2005
For Sale

$13,500,000
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Former Kmart

1500 West Lincoln Hwy, New Lenox, IL
Property

Retail

84,140 SF
Year Built

1978
For Sale Contact for pricing
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Atrium Pointe - Class A mixed use office/retail bldg OWNER WILLING TO MAKE DEALS!!!

1938 E Lincoln Hwy, New Lenox, IL
Property

Retail

70,000 SF
Availability

10 Spaces

4,840 SF
Year Built

2006
For Lease

$22.00 - $28.98/SF/YR
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450 DeGroate Road

450 Degroate road, New Lenox, IL
Property

Land

2.5 Acre
For Sale

$695,000
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283,666 SF Available for Lease in New Lenox

2301 Ellis Ct, New Lenox, IL
Property

Industrial

283,666 SF
Availability

1 Space

283,666 SF
Year Built

2005
For Lease Contact for pricing
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500 W Maple St

500 W Maple St, New Lenox, IL
Property

Office

14,295 SF
Availability Contact for availability

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 New Lenox commercial real estate market incorporates 271,591 square feet of office space across 6 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 New Lenox commercial real estate market includes 217,544 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 New Lenox market, there is a total of 283,666 square feet of industrial property.

The listing inventory in New Lenox 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 New Lenox is represented by Industrial space, which accounts for 283,666 square feet of available listings. Office space available in New Lenox adds up to 71,054 square feet.

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

The average rent for commercial real estate space listed for lease in New Lenox is $22.82 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 New Lenox 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 New Lenox, 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 $39 per square foot. In particular, the property type commanding the highest lease rates in New Lenox was Office space.

The average size of a commercial property in New Lenox 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 New Lenox, the average size of an office property is 54,319 square feet.
Retail properties here incorporate an average of 72,515 square feet.
Industrial space in New Lenox is in buildings that are, on average 283,666 square feet in size.

New Lenox, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in New Lenox currently add up to 419,101 square feet. The market offers 7 active office listing(s), which amount to 73,054 square feet and account for 63% of commercial spaces on the market. Local retail availability includes 11,547 square feet across 2 retail space(s). Industrial space for rent opportunities in New Lenox amount to 283,666 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	7	73,054
Retail	2	11,547
Industrial	1	283,666
Other	1	50,834

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 New Lenox, IL. Currently, there is 210,951 square feet of commercial property for sale here , which includes , 3 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Retail	3	210,948
Other	3	3

New Lenox, IL Commercial Real Estate for Lease and Sale

111 E Illinois Highway

111 E Illinois Highway

304 W Maple St, New Lenox, IL 60451-1634

668 Cedar Crossings Dr

Silver Cross Hospital - Pavilion A

New Lenox Medical Office Building

Proposed

Laraway Rd and S Cedar Rd

410 E Lincoln Hwy

Calistoga Plaza

400 East Lincoln Highway

West Laraway Road

I-355 & US Highway 6

Fantastic Class A Mixed-Use Asset with 90% Occupancy in New Lenox Twp, IL.

1,828 SF Retail Sublease Available

Atrium Point

Former Kmart

Atrium Pointe - Class A mixed use office/retail bldg OWNER WILLING TO MAKE DEALS!!!

450 DeGroate Road

283,666 SF Available for Lease in New Lenox

500 W Maple St

Frequently Asked Questions

New Lenox, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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New Lenox, 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 New Lenox, IL?

What factors affect the price of commercial real estate in New Lenox, IL?

What is the average rent for commercial space in New Lenox, IL?

What are the best areas for commercial real estate in New Lenox, 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 New Lenox, IL?

New Lenox, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Popular Industrial Searches

About us