Palos Hills, IL Commercial Real Estate for Lease and Sale

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

11142 Southwest Hwy

11142 Southwest Hwy, Palos Hills, IL
Property

Mixed Use

50,111 SF
Year Built

1996
For Sale Contact for pricing
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Social Security Administration

10718 S Roberts Rd, Palos Hills, IL
Property

Office

9,331 SF
Year Built

2004
For Sale

$3,090,000
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7.6% Cap Restaurant Investment Sale

10331 S Roberts Rd, Palos Hills, IL
Property

Retail

3,200 SF
Year Built

1988
For Sale

$775,000
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10140 S Roberts Rd

10140 S Roberts Rd, Palos Hills, IL
Property

Retail

7,800 SF
For Sale

$1,250,000
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Hill Creek Shopping Center

8601-8729 W. 95th Street, Hickory Hills, IL
Property

Retail

114,903 SF
Availability

2 Spaces

8,080 SF
For Lease

$12.00 - $16.00/SF/YR
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Shoppes at Hickory Hills Center

7831 W 95th St, Hickory Hills, IL
Property

Retail

13,120 SF
Availability

1 Space

2,000 SF
Year Built

2005
For Lease

$17.00/SF/YR
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Feyrous Plaza

11302 S Harlem Ave, Worth, IL
Property

Retail

7,500 SF
Availability

1 Space

1,400 SF
Year Built

1988
For Lease

$2,000.00/MO
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Palos Crossing

11845 Southwest Hwy., Palos Heights, IL
Property

Retail

22,598 SF
Availability

5 Spaces

14,827 SF
Year Built

2006
For Lease

$15.00/SF/YR
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Southwick Commons Retail

7201 W. College Drive, Palos Heights, IL
Property

Retail

23,000 SF
Availability

1 Space

1,500 SF
For Lease

$16.00/SF/YR
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Chicago Ridge 95th Street Anchor Development

95th Street & Ridgeland Ave, Oak Lawn, Chicago Ridge, IL
Property

Retail
Availability

8 Spaces

101,925 SF
For Lease Contact for pricing
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79th & 87th Ct. - UNDER CONSTRUCTION

7901 S 87th Ct., , Justice, IL
Property

Retail

2,400 SF
Availability

1 Space

2,400 SF
For Lease

$40.00/SF/YR
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25,922 SF Available for Lease or 92,836 SF Available for Sale in Alsip

5000-5012 W 123rd St, Alsip, IL
Property

Industrial

92,836 SF
Availability

1 Space

25,922 SF
For Lease Contact for pricing
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10201 S Cicero Ave

10201 S Cicero Ave, Oak Lawn, IL
Property

Office

33,936 SF
Availability

1 Space

6,641 SF
Year Built

2012
For Lease

$22.00/SF/YR
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7770 West 71st Street

7770 West 71st Street, Bridgeview, IL
Property

Industrial

166,683 SF
Availability

1 Space

166,683 SF
For Lease Contact for pricing
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387,514 SF Available for Lease or Sale in Alsip

5750 W 118th Street, Alsip, IL
Property

Industrial

387,514 SF
Availability

1 Space

387,514 SF
For Lease

$4.95/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. The Palos Hills commercial real estate market includes 11,000 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 Palos Hills 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 Palos Hills is represented by Office space.

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 Palos Hills, 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 Palos Hills 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 5,500 square feet.

Palos Hills, IL Currently Available Listings

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 Palos Hills, IL. Currently, there is 61,111 square feet of commercial property for sale here , which includes , 2 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Retail	2	11,000
Other	1	50,111

Palos Hills, IL Commercial Real Estate for Lease and Sale

11142 Southwest Hwy

Social Security Administration

7.6% Cap Restaurant Investment Sale

10140 S Roberts Rd

Hill Creek Shopping Center

Shoppes at Hickory Hills Center

Feyrous Plaza

Palos Crossing

Southwick Commons Retail

Chicago Ridge 95th Street Anchor Development

79th & 87th Ct. - UNDER CONSTRUCTION

25,922 SF Available for Lease or 92,836 SF Available for Sale in Alsip

10201 S Cicero Ave

7770 West 71st Street

387,514 SF Available for Lease or Sale in Alsip

Frequently Asked Questions

Palos Hills, IL Currently Available Listings

Commercial Space for Sale Breakdown

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Palos Hills, 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 Palos Hills, IL?

What factors affect the price of commercial real estate in Palos Hills, IL?

What are the best areas for commercial real estate in Palos Hills, 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 Palos Hills, IL?

Palos Hills, IL Currently Available Listings

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us