Commercial Real Estate in Illinois available for sale
Business Parks For Sale

Business Parks for Sale in Illinois, USA

More details for 803 Industrial Park Rd, Rock Falls, IL - Industrial for Sale

803 Industrial Park Rd

Rock Falls, IL 61071

  • Business Park
  • Industrial for Sale
  • $1,238,886 CAD
  • 48,000 SF
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More details for 1235 Cedar Ct, Carbondale, IL - Office for Sale

1235 Cedar Ct

Carbondale, IL 62901

  • Business Park
  • Office for Sale
  • $676,888 CAD
  • 4,000 SF
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More details for 550 E Industrial Park Rd, Murphysboro, IL - Retail for Sale

Jackson Square Shopping Center - 550 E Industrial Park Rd

Murphysboro, IL 62966

  • Business Park
  • Retail for Sale
  • $726,721 CAD
  • 12,350 SF
  • 1 Unit Available
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More details for Corporate Corridors of Mokena - BTS – for Sale, Mokena, IL

Corporate Corridors of Mokena - BTS

  • Business Park
  • Mixed Types for Sale
  • $24,350,428 CAD
  • 3 Properties | Mixed Types
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More details for SEC of Guilford & Mulford Rd, Rockford, IL - Land for Sale

SEC of Guilford & Mulford Roads - SEC of Guilford & Mulford Rd

Rockford, IL 61107

  • Business Park
  • Land for Sale
  • $229,248 - $1,436,230 CAD
  • 1.17 - 3.22 AC Lots
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More details for 6200 S Oakley Ave, Chicago, IL - Industrial for Sale

6200-6218 S Oakley - 6200 S Oakley Ave

Chicago, IL 60636

  • Business Park
  • Industrial for Sale
  • Price Upon Request
  • 12,710 SF
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More details for Executive Place I-III – Office for Sale, Westmont, IL

Executive Place I-III

  • Business Park
  • Office for Sale
  • Price Upon Request
  • 218,174 SF
  • 3 Office Properties

Westmont Portfolio of properties for Sale - Eastern East/West Corr

1. Economical, Value-add Deal with Granular Rent Roll Providing In-Place Interim Cash Flow With an in-place NOI of $1.9 million and 5.0 years of weighted average lease term, Executive Place I - III features both healthy cash yields and stability driven by the current in-place rent roll. The rent roll is highly granular, with 11 tenants averaging 14,499 square feet and no tenant occupying more than 20% of the net rentable area. Major tenants total 40% of the Portfolio’s net rentable area, with an impressive weighted average lease term of nearly 6 years (5.77 yrs.). A reinvigorated leasing strategy will allow new ownership to reach a stabilized occupancy, capitalizing on a competitive set boasting impressive metrics and increasing NOI by more than $650,000 over a 5-year hold period. 2. Dynamic, In-fill Location Retail: Executive Place I - III is located one and a half miles from the Oakbrook Center- the epicenter of the most extensive suburban retail concentration in metropolitan Chicago. Transportation: The Property’s location is only a five-minute drive to the heart of Oak Brook and features easy access to both Interstate 88 and Interstate 294. Talent Base: Westmont, Illinois, sits within one of the largest enclaves of affluence in the nation, creating a vibrant and diversified bloc of commerce impervious to economic shocks. 3. Extremely Advantageous Tax and Operating Expenses The Property’s DuPage County address delivers a meaningful cost advantage, providing an estimated $3.00 to $10.00 per square foot in tax-driven operating expense savings compared to comparable assets located in Cook County. Executive Place I–III benefits from the inherent efficiency of single-story design, resulting in materially lower operating costs. Single-story assets operate at significantly lower cost levels - approximately 40–45% below Class A multi-story buildings - due to reduced structural demands and limited common-area requirements. 4. Outperformance of “Inner Ring” and Single-story Assets Single-story assets continue to outperform both inner-ring and multi-story product, benefiting from steadier demand and materially lower vacancy levels. Executive Place currently trails this high-performing peer set, underscoring a clear opportunity for lease-up and value creation as the market normalizes. Its elevated vacancy reflects broader macro trends rather than property-specific issues, positioning the asset to capture outsized recovery as tenants increasingly gravitate toward well-located, efficient single-story space. 5. Substantial Discount-to-Replacement Cost Executive Place I–III will be acquired and sold at a significant discount to replacement cost, estimated at $250 per square foot, which would require net rents of $25.00–$27.50 per square foot - well above the Property’s current $14.18 market rent. These replacement-rent levels represent a 76%–94% premium to Executive Place I–III. With no new speculative flex developments underway in the suburban market, the substantial gap between replacement rents and in-place rents highlights the Property’s strong embedded rent-growth potential.

Contact:

Colliers

Date on Market:

2026-05-04

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More details for 100 West Algonquin Rd, Arlington Heights, IL - Hospitality for Sale

Courtyard Chicago Arlington Heights/South - 100 West Algonquin Rd

Arlington Heights, IL 60005

  • Business Park
  • Hospitality for Sale
  • Price Upon Request
  • 41,460 SF
  • Fitness Center
  • Pool
  • Restaurant

Arlington Heights Hospitality for Sale - Schaumburg Area

INVESTMENT HIGHLIGHTS: Upscale Brand Affiliation: A three-story, 147-room Courtyard by Marriott situated on 4.16 acres. Exterior Renovations: The property has completed exterior renovations consistent with the latest brand standards. Strategic Schaumburg Corridor Location: Positioned along Algonquin Road within one of the most active commercial and corporate submarkets in suburban Chicago. Strong Corporate Demand Drivers: Near major employers including Motorola Solutions, Zurich American Insurance Company, Paylocity, ADP, OSHA, and Robert Bosch Tool Corporation. Healthcare Demand Stability: Proximity to Endeavor Health Northwest Community Hospital and Ascension Alexian Brothers Medical Center supports consistent medical travel demand. Convenient Airport Access: Approximately nine miles from Chicago O’Hare International Airport and near Chicago Executive Airport. Event and Convention Demand: Close to Renaissance Schaumburg Convention Center and other event venues generating group and meeting business. Retail and Leisure Attractions: Near Woodfield Mall, Mitsuwa Marketplace, and regional entertainment destinations. Comprehensive Guest Amenities: Indoor pool, fitness center, business center, Metropolis Ballroom meeting space, on-site Bistro restaurant and bar, and outdoor patio area. Established Asset with Renovation: Originally built in 1985 and renovated in 2013, maintaining Marriott brand standards. INVESTMENT OVERVIEW: As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Courtyard by Marriott Chicago Arlington Heights/South (‘Hotel’ or ‘Property’) located at 100 Algonquin Road in Arlington Heights, Illinois. The upscale Marriott International-branded Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information. Situated on approximately 4.16 acres, the select-service hotel features 147 guest rooms across three stories. The Property was originally constructed in 1985, with renovations completed in 2013. The Hotel offers a wide variety of common area amenities designed to serve both corporate and leisure travelers, including an indoor swimming pool, fitness center, business center, on-site restaurant and bar, the Metropolis Ballroom meeting and event space, and an outdoor grill and patio area. Moreover, the on-site Bistro restaurant provides balanced dining options, Starbucks coffee beverages, and craft cocktails. Strategically positioned along Algonquin Road near Interstate access and the Schaumburg business corridor, the Property benefits from proximity to major corporate employers like Motorola Solutions Inc., Zurich American Insurance Company, Paylocity, ADP, OSHA, and Robert Bosch Tool Corporation. The Hotel also benefits from the nearby Endeavor Health Northwest Community Hospital and Ascension Alexian Brothers Medical Center, which contribute to steady healthcare-related lodging demand. The Property’s location also provides convenient access to Chicago O’Hare International Airport (approximately nine miles) and Chicago Executive Airport (approximately 10.4 miles), making it attractive for both business and transient travelers. Nearby attractions include Woodfield Mall, one of the largest shopping centers in the United States, as well as Mitsuwa Marketplace, the Renaissance Schaumburg Convention Center, and regional entertainment and dining destinations. The Hotel is also within driving distance of the Chicago Botanic Garden, contributing to seasonal tourism demand. Arlington Heights is a prominent northwest suburb of Chicago located approximately 25 miles from downtown and home to 77,676 residents, making it the 15th most populous municipality in Illinois. Positioned within the highly desirable northwest suburban corridor of Cook County, Arlington Heights benefits from strong regional connectivity, proximity to Chicago O’Hare International Airport, and convenient access to major commercial corridors throughout the Chicago metropolitan area. The local economy is supported by a diverse and well- established employment base anchored by corporate headquarters, technology firms, and professional service companies. Arlington Heights also benefits from its proximity to Elk Grove Village, located approximately four miles from the Hotel, which contains the largest contiguous industrial park in North America and supports a significant concentration of manufacturing, logistics, and technology-related businesses. The village continues to pursue major economic development initiatives such as the Arlington Alfresco outdoor dining district and the planned redevelopment of the former 326-acre Arlington Park site—a proposed mixed-use entertainment and stadium complex purchased by the Chicago Bears. With its strategic location, strong corporate presence, proximity to O’Hare International Airport, and ongoing development initiatives, Arlington Heights remains one of the most dynamic and resilient suburban communities in the Chicago metropolitan region. BROKER OF RECORD Steven Weinstock Illinois Lic #: 471.011175 P: (630) 570-2200

Contact:

Marcus & Millichap

Property Subtype:

Hotel

Date on Market:

2026-04-13

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More details for 111 Shore Dr, Burr Ridge, IL - Industrial for Sale

Midwest Outdoors - 111 Shore Dr

Burr Ridge, IL 60527

  • Business Park
  • Industrial for Sale
  • Price Upon Request
  • 8,970 SF
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More details for Cumberland Metro Office Park – Office for Sale, Chicago, IL

Cumberland Metro Office Park

  • Business Park
  • Office for Sale
  • Price Upon Request
  • 162,844 SF
  • 12 Office Properties
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More details for 750 N Commons Dr, Aurora, IL - Flex for Sale

750 N Commons Dr

Aurora, IL 60504

  • Business Park
  • Flex for Sale
  • Price Upon Request
  • 205,074 SF

Aurora Flex for Sale - Western East/West Corr

Illinois Broker of Record: Steven Weinstock Marcus & Millichap Steven.Weinstock@MarcusMillichap.com Lic #: 471.011175 This Class A Flex property totaling 205,074 RSF is situated on 16.37 Acres in a highly desirable logistical area. This asset is 100% occupied and features three global tenants (Westell; Thales Defense and Security (S&P rated A-); Sonova US) with a strong WALT of 9.25 years. Under current ownership extensive updates and renovations have been completed to include a modernized café, fitness facility, and outdoor common area gathering space. In addition, the large parcel allows availability to expand in a desirable business park. The low vacancy rate in the area has driven many new developments on the neighboring parcels. The excellent mix of warehouse and Class A office in this asset, along with ownership executing well in securing credible tenants, has created a strong investment for any potential buyer. Westell (WSTL) occupies 81,960 RSF of warehouse & office space and has effectively become a leading provider of high-performance network infrastructure solutions with millions of products deployed worldwide. A recently exercised 5-year lease extension displays their commitment to this property. Westell has occupied the building since its construction in 1997. Thales Defense and Security ( TDSI / S&P A- rated) occupies 23,052 RSF of Class A office space serviced by cutting edge technology to ensure efficiency for their global business. Thales is a U.S. based company serving domestic and international defense for over 60 years. With over 1,000 employees across three subsidiary companies, Thales supports numerous U.S. military and multi-national partners with key technologies including communication, visualization, electronic warfare, and sensor/sonar capabilities. Thales has a Market CAP of $50.50B USD and annual revenue of $20.58B USD (2024). Thales initiated a 10-year lease in 2023 and secured two additional five year options to extend. Sonova USA (SONVY) occupies 66,611 RSF of Class A office space on a long-term net lease. Sonova was founded in 1947 and is a leading provider of innovative hearing care solutions around the world. Sonova primarily operates in the Hearing Instrument and Cochlear Implant business segments. Sonova USA has a Market CAP of $18.30B USD and revenue of $3.71B USD. Sonova originally executed a 16 year lease, displaying a long term commitment to this property. They currently have 11 Years remaining on their initial lease term.

Contact:

Marcus & Millichap

Date on Market:

2025-12-02

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More details for 927 Tower Rd, Mundelein, IL - Land for Sale

Mundelein Industrial Park - 927 Tower Rd

Mundelein, IL 60060

  • Business Park
  • Land for Sale
  • Price Upon Request
  • 3.92 AC Lot
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More details for Land Portfolio Morris, IL – Land for Sale, Morris, IL

Land Portfolio Morris, IL

  • Business Park
  • Land for Sale
  • Price Upon Request
  • 38.04 AC
  • 14 Land Properties
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More details for Rock 39 Industrial Park – Industrial for Sale, Cherry Valley, IL

Rock 39 Industrial Park

  • Business Park
  • Industrial for Sale
  • Price Upon Request
  • 2,401,080 SF
  • 2 Industrial Properties
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More details for Baxter Rd, Cherry Valley, IL - Industrial for Sale

Building A - Baxter Rd

Cherry Valley, IL 61016

  • Business Park
  • Industrial for Sale
  • Price Upon Request
  • 1,400,520 SF
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