Park Ridge, IL Commercial Real Estate for Lease and Sale

Explore 25 listings of Park Ridge commercial real estate to find the best space for your business.

1300 Higgins Rd - O'Hare Corporate Centre

1300 West Higgins Road, Park Ridge, IL
Property

Office

95,600 SF
Availability

6 Spaces

35,209 SF
Year Built

1987
For Lease

$14.00 - $16.00/SF/YR
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350 South Northwest Hwy

350 South Northwest Hwy, Park Ridge, IL
Property

Office

270,000 SF
Availability

1 Space

20,167 SF
Year Built

1950
For Lease Contact for pricing
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1580 Northwest Hwy

1580 Northwest Hwy, Park Ridge, IL
Property

Office

55,772 SF
Availability

40 Spaces

32,941 SF
For Lease

$14.00 - $15.35/SF/YR
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807-817 Devon

807-817 Devon, Park Ridge, IL
Property

Retail

20,600 SF
Availability

1 Space

1,728 SF
For Lease

$20.00/SF/YR
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What type of listing property are you looking for?

Office Coworking Retail

Office Retail Land
Uptown Park Ridge - Mixed Use Property

116 S Prospect Ave, Park Ridge, IL
Property

Retail

8,330 SF
Availability

1 Space

2,000 SF
Year Built

1938
For Lease

$29.00/SF/YR
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2454 East Dempster Street

2454 East Dempster Street, Park Ridge, Des Plaines, IL
Property

Office

75,596 SF
Availability

11 Spaces

19,266 SF
Year Built

1973
For Lease

$10.00 - $18.00/SF/YR
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The Gillick Building

100-112 S Prospect, 108-122 Main Street, Park Ridge, IL
Property

Retail

20,938 SF
Availability

1 Space

1,707 SF
Year Built

1926
For Lease

$3,500.00/MO
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2434 Dempster St

2434 Dempster St, Park Ridge, IL
Property

Office

15,500 SF
Availability

9 Spaces

7,089 SF
For Lease

$16.00 - $18.00/SF/YR
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Park Ridge Plaza
Regus
350 S. Northwest Highway Suite 300, Park Ridge, IL
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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IL, Chicago - Park Ridge
Signature
222 South Prospect Avenue, Park Ridge, IL
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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1460 Renaissance Drive

1460 Renaissance Drive, Park Ridge, IL
Property

Office

213,996 SF
Availability

24 Spaces

42,098 SF
Year Built

1972
For Lease

$10.75 - $14.00/SF/YR
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Pickwick Theater - Two-story (Rear Building Only)

5 South Prospect, Park Ridge, IL
Property

Retail

41,819 SF
Availability

1 Space

8,200 SF
Year Built

1928
For Lease Contact for pricing
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Park Ridge
Brick & Mortar
11 North Northwest Highway Ste 101, Park Ridge, IL
Services

Virtual Office

Open Workspace

Meeting Room
Amenities

Complimentary coffee & tea

Free water

High-speed wifi

Parking

Printer

Privacy booths

Receptionist/Secretarial services

Standing desks

TV/Monitor

White boards
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LocalWorks Park Ridge
LocalWorks
1440 Renaissance Drive, Park Ridge, IL
Services

Virtual Office

Meeting Room

Private Office
Amenities

High-speed wifi

Office furniture

Parking
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The Pinnacle at Park Ridge

1440 Renaissance Drive, Park Ridge, IL
Property

Office

58,000 SF
Availability

3 Spaces

10,346 SF
Year Built

1975
For Lease

$18.00 - $19.00/SF/YR
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Uptown Park Ridge - Mixed Use Property

116 S Prospect Ave, Park Ridge, IL
Property

Retail

8,330 SF
Year Built

1938
For Sale

$2,050,000
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Renaissance Office Park

1550 North Northwest Hwy, Park Ridge, IL
Property

Office

213,996 SF
Availability

3 Spaces

25,281 SF
Year Built

1972
For Lease Contact for pricing
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422 N Northwest Highway

422 N Northwest Highway, Park Ridge, IL
Property

Office

23,415 SF
Availability

4 Spaces

2,274 SF
Year Built

1975
For Lease

$545.00 - $1,755.00/MO
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Restaurant

1120 W Touhy Ave, Park Ridge, IL
Property

Retail

1,800 SF
Year Built

1969
For Sale

$975,000
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1600 Dempster St

1600 Dempster St, Park Ridge, IL
Property

Mixed Use

23,138 SF
Availability

7 Spaces

4,918 SF
For Lease

$23.00/SF/YR
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1480 Renaissance Drive

1480 Renaissance Drive, Park Ridge, IL
Property

Office

54,000 SF
Availability

19 Spaces

51,942 SF
Year Built

1970
For Lease

$14.00/SF/YR
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1550 Northwest Highway

1550 Northwest Highway, Park Ridge, IL
Property

Office

117,058 SF
Availability

30 Spaces

44,209 SF
For Lease

$12.50 - $16.75/SF/YR
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2 W Talcott Rd

2 W Talcott Rd, Park Ridge, IL
Property

Office

3,065 SF
Availability

3 Spaces

3,065 SF
For Lease

$14.00 - $23.00/SF/YR
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Illinois Turnkey Restaurant

Park Ridge, Park Ridge, IL
Property

Retail

2,300 SF
For Sale

$225,000/SF
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Park Ridge Office Center

1400 Renaissanace Dr., Park Ridge, IL
Property

Office

60,780 SF
Year Built

1970
For Sale

$3,000,000
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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 Park Ridge commercial real estate market incorporates 1,256,778 square feet of office space across 14 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 Park Ridge commercial real estate market includes 113,417 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 Park Ridge 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 Park Ridge is represented by Office space, which accounts for 293,887 square feet of available listings. Retail space available in Park Ridge adds up to 16,779 square feet.

Meanwhile, most of the listings of commercial property for sale in Park Ridge 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 Park Ridge is $14.28 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 Park Ridge 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 Park Ridge, 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 $16.8 per square foot. In particular, the property type commanding the highest lease rates in Park Ridge was Office space.

The average size of a commercial property in Park Ridge 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 Park Ridge, the average size of an office property is 96,676 square feet.
Retail properties here incorporate an average of 16,203 square feet.

Park Ridge, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Park Ridge currently add up to 312,440 square feet. The market offers 13 active office listing(s), which amount to 293,887 square feet and account for 76% of commercial spaces on the market. Local retail availability includes 13,635 square feet across 4 retail space(s).

Property Type	Count of Listings	Total SF
Office	13	293,887
Retail	4	13,635
Other	0	4,918

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 Park Ridge, IL. Currently, there is 73,210 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 3 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	1	60,780
Retail	3	12,430

Park Ridge, IL Commercial Real Estate for Lease and Sale

1300 Higgins Rd - O'Hare Corporate Centre

350 South Northwest Hwy

1580 Northwest Hwy

807-817 Devon

Uptown Park Ridge - Mixed Use Property

2454 East Dempster Street

The Gillick Building

2434 Dempster St

Park Ridge Plaza

IL, Chicago - Park Ridge

1460 Renaissance Drive

Pickwick Theater - Two-story (Rear Building Only)

Park Ridge

LocalWorks Park Ridge

The Pinnacle at Park Ridge

Uptown Park Ridge - Mixed Use Property

Renaissance Office Park

422 N Northwest Highway

Restaurant

1600 Dempster St

1480 Renaissance Drive

1550 Northwest Highway

2 W Talcott Rd

Illinois Turnkey Restaurant

Park Ridge Office Center

Frequently Asked Questions

Park Ridge, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Park Ridge, 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 Park Ridge, IL?

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

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

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

Park Ridge, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us