Commercial Real Estate Broker

Arlington Heights, Illinois Commercial Real Estate

Buying, selling, or leasing commercial property in Arlington Heights? Jason Bitton is the #1 RE/MAX Commercial broker in Illinois — serving Arlington Heights and the surrounding market.

Get Started →(847) 858-2909
Market Overview

The Arlington Heights Commercial Market

Arlington Heights is one of the largest and most commercially active suburbs in the Chicago metro area, with a deep inventory of retail, office, and industrial assets along Northwest Highway (Route 14), Rand Road, and Algonquin Road. The village's selection as the site of the new Chicago Bears stadium is expected to drive massive new investment in commercial real estate throughout the area — creating opportunities for both sellers looking to capitalize on rising values and buyers seeking to position ahead of development.

Market Highlights

  • ✓ New Chicago Bears stadium driving major investment
  • ✓ Northwest Highway (Route 14) — high-traffic retail corridor
  • ✓ Strong office market along Rand Road and Golf Road
  • ✓ Metra commuter rail — Union Pacific Northwest Line
  • ✓ Dense residential base supporting retail demand
  • ✓ Proximity to O'Hare International Airport

Property Types We Handle

Retail
Strip centers, freestanding retail, restaurant spaces, and NNN assets along Route 14 and Rand Road.
Office
Professional and medical office buildings, coworking spaces, and Class A/B office parks.
Industrial
Warehouse and flex space along the Route 14 and Route 53 corridors.
Investment Sales
Multi-tenant retail centers, office buildings, and mixed-use assets — cap rate analysis and 1031 exchange advisory.
Market Activity

Current & Recent Deals in Arlington Heights

Arlington Heights is a good mix of residential apartments and commercial activity. With the Bears stadium development accelerating investment in the area, commercial property values along Northwest Highway and Arlington Heights Road are trending upward. Buyers here range from local owner-users to institutional investors positioning ahead of the stadium's impact.

Currently Available

E Northwest Hwy
For Sale
Retail12,000 SF$2,500,000
View Details →

Recently Closed

209-215 S Arlington Heights Rd
$2,000,000
Retail · Closed 2022
Two adjacent retail properties sold simultaneously. Jason represented both sides of the transaction, coordinating a complex dual closing on Arlington Heights Road — one of the village's primary commercial corridors.
Commercial Zoning

What Can You Open in Arlington Heights?

Arlington Heights regulates commercial property through nine non-residential districts — five business (B-1 through B-5), two manufacturing (M-1 and M-2), one office-transitional (O-T), and one institutional (I). The village is unusual in dedicating B-3 specifically to motor-vehicle-oriented uses (auto sales, service, wholesale) and reserving B-5 for the pedestrian-oriented downtown around the Metra station. Here's where the most common commercial uses actually fit.

🛍️ Retail Boutiques & Specialty Stores
Best fit in B-5 Downtown — the pedestrian-oriented central area around the Arlington Heights Metra station, where foot traffic and dwell time support boutique retail. B-2 General Business handles community shopping centers along the major corridors. B-1 Limited Retail is for neighborhood-scale convenience retail in pockets adjacent to residential areas.
☕ Coffee Shops & Cafes
B-5 Downtown is ideal — Metra commuters provide steady morning traffic and the walkable downtown supports lingering customers. B-2 General Business works for community-scale cafes, and B-3 General Service on Route 14 or Rand Road accommodates drive-thru formats with parking and visibility.
🍽️ Restaurants & Bars
B-5 Downtown offers the highest-visibility pedestrian dining, with the Bears stadium development expected to lift demand significantly within a 1–2 mile radius. B-2 handles community shopping center restaurants. Larger destination restaurants and chain concepts fit B-3 General Service along the major arterials.
💼 Professional Offices
Fit across B-2, B-5, and O-T Office Transitional. O-T is restricted to professional and administrative offices developed under an approved Planned Unit Development for the entire site — designed as a transitional buffer between commercial corridors and residential neighborhoods. The strong office market along Rand Road and Golf Road is primarily B-2.
🩺 Medical & Wellness
Medical practices work in B-2 General Business and B-5 Downtown for outpatient and clinical settings. Larger medical office buildings and ambulatory care centers fit the established office clusters along Rand Road. M-1 Research, Development & Light Manufacturing can accommodate medical labs, diagnostics, and ambulatory surgery centers.
🏋️ Fitness Studios
Fit in B-1, B-2, and B-5. Large-format gyms typically land in B-2 community shopping centers where parking is plentiful. Boutique studios (yoga, Pilates, barre, martial arts) work well in B-5 Downtown where Metra commuter and residential walk-in traffic supports class-based memberships.
💇 Personal Services
Salons, spas, barbershops, and nail salons fit across B-1, B-2, and B-5. Downtown locations in B-5 command premium rents and pull from Metra commuter traffic; B-2 community centers offer more affordable rents with anchored co-tenancy.
🚗 Auto Dealers, Service & Wholesale
B-3 General Service, Wholesale and Motor Vehicle District is purpose-built for this — auto dealerships, service stations, repair shops, body shops, parts wholesale, and similar uses are concentrated here on the village's arterial streets. Arlington Heights consolidates motor-vehicle uses in B-3 to keep them off the pedestrian-oriented downtown and out of community shopping centers.
🔬 Light Industrial, R&D & Office Park
M-1 Research, Development, and Light Manufacturing District is the modern flex/R&D district — designed for grouped offices, research labs, light manufacturing, and ancillary business uses. Best fit for tech firms, medical device companies, contract R&D, and clean light manufacturing along the Route 14 and Route 53 corridors.
🏭 Heavy Manufacturing & Distribution
M-2 Limited Heavy Manufacturing accommodates larger manufacturing, distribution, and warehousing uses requiring rail or major arterial access. The district is sited specifically near rail lines and major roadways. Suitable for distribution centers, larger fabricators, and operations that don't fit within M-1's nuisance-free standards.
🏛️ Institutional Uses
I Institutional District is reserved for non-residential and residential institutional uses — schools, hospitals, religious facilities, and similar — with development considered under Planned Unit Development requirements. Most institutional uses are also permitted in select business districts as special uses.

With the Bears stadium development reshaping the Arlington Heights commercial landscape, your zoning district increasingly shapes both your operating opportunity and your asset's investment trajectory. Whether you're an operator scouting your first location or an owner positioning ahead of the development wave, let's talk about your property — or use the Commercial Zoning Lookup to check any Arlington Heights address directly against the village code.

Why Jason

Why Work With Jason in Arlington Heights?

With the Bears stadium development reshaping Arlington Heights' commercial landscape, having a broker who understands both current market dynamics and the coming wave of investment is critical. Jason brings institutional-grade analysis to every transaction — whether you're selling into a rising market or acquiring assets ahead of development.

Maximum Exposure

Every Arlington Heights listing syndicated across CoStar, LoopNet, Crexi Pro, MLS, and our investor network simultaneously.

Local Market Knowledge

Deep understanding of Arlington Heights zoning, tenant demand, traffic patterns, and competitive dynamics — backed by data.

Full-Service Execution

From valuation through close — coordinating attorneys, lenders, inspectors, and municipal officials for a seamless deal.

Questions

Arlington Heights Commercial Real Estate FAQ

How is the Bears stadium affecting commercial property values?
Property values along Northwest Highway and the surrounding corridors are already trending upward in anticipation of the development. Owners along Route 14, Rand Road, and Arlington Heights Road are seeing increased buyer interest. The stadium is expected to drive significant new retail, restaurant, and hospitality investment within a 1-2 mile radius.
What are typical commercial lease rates in Arlington Heights?
Retail along Northwest Highway typically ranges from $18-30/SF/YR depending on visibility and traffic count. Office space runs $16-24/SF/YR. Industrial and flex space in the Route 14/53 corridor ranges from $10-16/SF/YR. Rates are rising as the stadium development drives demand.
What Metra access does Arlington Heights have?
Arlington Heights is served by the Union Pacific Northwest Line with a station in the downtown area, providing direct commuter rail access to Chicago's Ogilvie Transportation Center. This makes the village attractive for office tenants whose employees commute from both the city and further northwest suburbs.
Also Serving

Nearby Markets

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PalatineMount ProspectSchaumburgBuffalo GroveProspect HeightsWheeling

Ready to Buy, Sell, or Lease in Arlington Heights?

Contact Jason directly to discuss your Arlington Heights commercial real estate goals.

Get Started →(847) 858-2909