Prospect Heights, IL Commercial Real Estate

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

15 Listings

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$1,500,000
Rockys American Grill
698 North Milwaukee Avenue, Prospect Heights, IL
Property Type
Other
Built in 1991

10,300 SF
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Price on request
Palwaukee Plaza
604 - 698 N Milwaukee Ave, Prospect Heights, IL
Space Type
Retail
8 spaces

402 - 7,326 SF
$150,000
Dental Office
1235 North Rand Road, Prospect Heights, Arlington Heights, IL
Property Type
Retail
3,700 SF
Price on request

Warespace
Warespace - 301 West Hintz Road
301 West Hintz Road, Wheeling, IL
Space Type
Private Offices
See 11 listing(s) nearby (within 10 miles)
1 of 6

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Price on request
301 Holbrook Dr
301 Holbrook Dr, Wheeling, IL
Space Type
Industrial
1 space

64,156 SF
1 of 1
Price on request
62,757 Office/Flex Available for Sale - Potential Redevelopment Opportunity
100 E Palatine Rd, Wheeling, IL
Space Type
Industrial
1 space

62,757 SF
1 of 1
Price on request
62,757 Office/Flex Available for Sale - Potential Redevelopment Opportunity
100 E Palatine Rd, Wheeling, IL
Property Type
Industrial
62,757 SF
Price on request
1-5 East Messner Drive
1-5 East Messner Drive, Wheeling, IL
Property Type
Industrial
Built in 1980

58,174 SF
Price on request
1-5 East Messner Drive
1-5 East Messner Drive, Wheeling, IL
Space Type
Industrial
1 space

25,452 SF
Price on request
280 Camp McDonald Road
280 Camp McDonald Road, Wheeling, IL
Property Type
Industrial
Built in 1989

14,508 SF
1 of 1
Price on request
1400 S Wolf Road - Building 500
1400 S Wolf Rd, Wheeling, IL
Property Type
Industrial
Built in 1986

43,269 SF
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$12.50/SF/YR
Industrial Space at the Palwaukee Commerce Center
1666-1684 S Wolf Rd , Wheeling, IL
Space Type
Industrial
3 spaces

2,861 - 7,119 SF
1 of 1
Price on request
230 Messner Dr
230 Messner Dr, Wheeling, IL
Space Type
Industrial
1 space

26,411 SF
Price on request
Randhurst Village
1 Randhurst Village Drive, Mount Prospect, IL
Space Type
Land
2 spaces

43,560 SF
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$5,325,000
1033 Noel Ave
1033 Noel Ave, Wheeling, IL
Property Type
Industrial
Built in 1965

96,959 SF

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The Prospect Heights, IL Commercial Real Estate Market at a Glance

The commercial real estate market in Prospect Heights, IL includes commercial property of all types. To put it in numbers, there are 15,977 square feet of commercial space in 3 commercial properties across the city. If you are not familiar with commercial real estate in Prospect Heights, IL, below are a few essential aspects to consider in order to better understand the local market.

Commercial Space for Rent Opportunities in Prospect Heights, IL

You can search 8 commercial real estate space listing(s) currently available for rent in Prospect Heights, IL, which represents a total of 15,977 square feet. Leasing opportunities here include and more. Use the search filters at the top of the page and the interactive map to see location-specific advantages when looking for your next commercial space for lease in Prospect Heights, IL. You can conveniently reach out for more in-depth information using the contact form available on each listing.

Looking to lease a particular type of commercial property? Visit our dedicated pages for office space for rent, retail spaces for lease, or warehouses for rent to view current listings and access more in-depth market stats.

What to Consider When Renting Commercial Real Estate in Prospect Heights, IL

If you are somewhat new to this process, a good place to start would be our quick guide to the differences between commercial property types, and some essential terms to know. Once you get the general idea of what a certain kind of space can offer you, it is essential to clarify what to prioritize among your business needs relating to the workspace you need to occupy and the location where you need it to be.

Not all decision factors can be clear-cut search filters and property categories, so the next step after doing a listing search for the type of property you need should be to reach out to the real estate brokers, as they are best positioned to fill in the blanks and help you secure the best commercial space lease for your needs.

Commercial Real Estate for Sale in Prospect Heights, IL

Those who are better served by owning instead of renting commercial property can also find options for sale here. Investment opportunities currently listed on the local market add up to a total of 2 commercial property for sale listing(s).

Interested in retail property investment? The local market currently offers 1 retail space for sale listing(s), complete with essential listing details, property data, and broker contact information.

Prospect Heights, IL Commercial Real Estate Listings for Sale

Property type No. of Listings Total Sq. Ft.

Retail 1 117,501

Other 1

Shopping for a certain type of commercial property? Visit our dedicated pages for office property for sale, retail space for sale, or industrial real estate for sale to see what local investment opportunities are currently listed.

Buying Commercial Property in Prospect Heights, IL

When acquiring commercial property, you are likely to take into consideration some of the same factors that go into choosing a space to rent: location, size, configuration, the condition of the property, and costs. However, some aspects might be more relevant to consider when looking to buy property, such as: the zoning and what property improvements or transformations it allows; how flexible the property is in terms of repositioning or adaptive reuse improvements (some configurations lend themselves to transformation more easily than others); and what equity potential the investment might have.

Additionally, it is highly recommended that you enlist the expertise of professionals who are knowledgeable not only in the complexities of property acquisitions, but also in the untapped investment potential in their local markets.

Where You Are Most Likely to Find Commercial Space in Prospect Heights, IL

The best areas of the market may vary depending on the type of commercial real estate you are interested in, either for rent or for sale. For instance, while office properties and retail space are often located relatively close to each other, some industrial real estate tends to be zoned separately.

Find Commercial Real Estate Near Me

Whether you are looking to rent or to buy, you can easily find the right commercial space in your preferred location, with PropertyShark. Our interactive map navigation modes include the possibility to bring up listings in the area of your current map view, as well as the option to draw a polygon to determine an exact search area, and a radius tool with which you can search for listings around a particular point of interest. Reach out to property representatives to schedule a tour or request more information, using the quick contact tool available with each listing search result.