River Forest, IL Commercial Real Estate for Lease and Sale

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

Madison Franklin Retail Plaza

7756 Madison St, River Forest, IL
Property

Retail

8,640 SF
Availability

3 Spaces

2,500 SF
Year Built

1985
For Lease

$22.00/SF/YR
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River Forest Retail/Office Suites Available

7777 Lake St, River Forest, IL
Property

Retail

17,000 SF
Availability

8 Spaces

5,935 SF
Year Built

1940
For Lease

$18.00 - $21.00/SF/YR
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River Forest Retail/Office Suites Available

7777 Lake St, River Forest, IL
Property

Retail

17,000 SF
Year Built

1940
For Sale

$2,750,000
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Madison Franklin Retail Plaza

7756 Madison St, River Forest, IL
Property

Retail

8,640 SF
Year Built

1985
For Sale

$1,395,000
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6516-6532 W North Ave.

6516-6532 W. North Avenue, Elmwood Park, Chicago, IL
Property

Retail

13,778 SF
Availability

3 Spaces

4,688 SF
Year Built

2005
For Lease

$22.00 - $25.00/SF/YR
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1601 N Harlem Avenue (Chicago) & SWC Harlem Avenue & Wabansia Avenue (Elmwood Park)

1601 N Harlem Avenue (Chicago) & SWC Harlem Avenue & Wabansia Avenue (Elmwood Park), Elmwood Park, Chicago, IL
Property

Retail
Availability

6 Spaces

87,980 SF
For Lease Contact for pricing
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Downtown Oak Park Opportunity

113-115 N. Marion Street, Oak Park, IL
Property

Retail

9,737 SF
Year Built

1920
For Sale

$1,675,000
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Forest Park Plaza

7600-7630 W Roosevelt Road, Oak Park, Forest Park, IL
Property

Retail

254,433 SF
Availability

3 Spaces

105,827 SF
Year Built

1983
For Lease Contact for pricing
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2725 Thatcher Avenue

2725 Thatcher Avenue, River Grove, IL
Property

Office

35,365 SF
Availability

13 Spaces

26,878 SF
Year Built

1972
For Lease

$16.00 - $48.00/SF/YR
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210 Lake Street

210 Lake Street, Oak Park, IL
Property

Retail

6,022 SF
Availability

1 Space

900 SF
For Lease Contact for pricing
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3721-3733 N 25th Avenue

3721-3733 N 25th Avenue, Schiller Park, IL
Property

Industrial

42,546 SF
Availability

1 Space

5,471 SF
Year Built

1988
For Lease Contact for pricing
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4437-4447 W. Rice Street

4437-4447 W. Rice Street, West Humboldt Park, Chicago, IL
Property

Industrial

21,978 SF
Availability

1 Space

21,978 SF
Year Built

1942
For Lease

$10.50/SF/YR
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Prologis Franklin Park - 10800-10900 Belmont Avenue

10900 Belmont Avenue, Franklin Park, IL
Property

Industrial

631,718 SF
Availability

1 Space

54,965 SF
Year Built

1966
For Lease Contact for pricing
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5210 W 26th St, Cicero, IL, 60804

5210 W 26th St., Cicero, IL
Property

Industrial

11,500 SF
Year Built

1960
For Sale Contact for pricing
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5650 W Belmont Avenue

5650 W Belmont Avenue, Belmont Central, Chicago, IL
Property

Retail

13,200 SF
Availability

3 Spaces

61,159 SF
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.

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 River Forest commercial real estate market includes 51,280 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 River Forest 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 River Forest is represented by Retail space, which accounts for 8,435 square feet of available listings.

Meanwhile, most of the listings of commercial property for sale in River Forest 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 River Forest is $18 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 River Forest 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 River Forest, 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 $18 per square foot. In particular, the property type commanding the highest lease rates in River Forest was Retail space.

The average size of a commercial property in River Forest 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 12,820 square feet.

River Forest, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in River Forest currently add up to 8,435 square feet. Local retail availability includes 8,435 square feet across 2 retail space(s).

Property Type	Count of Listings	Total SF
Retail	2	8,435

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 River Forest, IL. Currently, there is 25,640 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	25,640

River Forest, IL Commercial Real Estate for Lease and Sale

Madison Franklin Retail Plaza

River Forest Retail/Office Suites Available

River Forest Retail/Office Suites Available

Madison Franklin Retail Plaza

6516-6532 W North Ave.

1601 N Harlem Avenue (Chicago) & SWC Harlem Avenue & Wabansia Avenue (Elmwood Park)

Downtown Oak Park Opportunity

Forest Park Plaza

2725 Thatcher Avenue

210 Lake Street

3721-3733 N 25th Avenue

4437-4447 W. Rice Street

Prologis Franklin Park - 10800-10900 Belmont Avenue

5210 W 26th St, Cicero, IL, 60804

5650 W Belmont Avenue

Frequently Asked Questions

River Forest, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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River Forest, 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 River Forest, IL?

What factors affect the price of commercial real estate in River Forest, IL?

What is the average rent for commercial space in River Forest, IL?

What are the best areas for commercial real estate in River Forest, 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 River Forest, IL?

River Forest, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us