Home/Lake County/Buffalo Grove
Commercial Real Estate Broker · Buffalo Grove, IL

Buffalo Grove Commercial Real Estate

Selling or leasing a commercial building in Buffalo Grove? Jason Bitton is the #1 RE/MAX Commercial broker in Illinois, based in Libertyville, about 15 minutes away. He handles retail, office, industrial, flex and investment property on both sides of the Lake–Cook county line, from Lake-Cook Road and Milwaukee Avenue to the Town Center and the village’s office and industrial parks. His closings near the village are on his public ledger: two building sales for their owners in Wheeling, and leases for landlords in Wheeling and Long Grove.

Have space to lease instead? Lease out my building →

15 sales
In the village · 2 years to June 30, 2026
$4.25 million
Median village sale · 2 years
6 months
Median time on the market · 8 sellers
The short answer

Who is the best commercial real estate broker in Buffalo Grove?

Jason Bitton of RE/MAX Commercial — the #1 RE/MAX Commercial broker in Illinois (2022, 2024, 2025) — serves Buffalo Grove from his base in nearby Libertyville. He represents buyers, sellers, landlords, and tenants across retail, office, industrial, flex, and investment property throughout Buffalo Grove, which straddles the Lake–Cook county line, from the Lake-Cook Road retail corridor to the Town Center and the village’s office and industrial parks. In neighboring Wheeling he has sold two buildings for their owners, and he has leased space for landlords there and in Long Grove.

Jason works for sellers: as of September 22, 2026, he represented the seller in more than 80% of the sales on his public Sold & Leased ledger, including sales where he represented both sides. His closings near the village are below, and the 15 Buffalo Grove sales are in the market report.

The closed record

Deals Jason has closed near Buffalo Grove

None of these is inside Buffalo Grove. They are closings of Jason’s in the nearby villages of Long Grove, Wheeling and Vernon Hills, each labeled with its village, and every one is on his public Sold & Leased ledger.

Leased

25514 IL-83, Unit B, Long Grove

About 5,000 SF on a 2-acre site · Landlord represented · June 2026
$13,000/mo

An RV dealership site on Route 83 with about 75 years of history, owned for about 35 of them by three brothers ready to retire. Selling the property and everything tied to it in one transaction proved too big a step for buyers, so Jason leased about 5,000 SF of the building on the two-acre site to a semi-truck dealer for three years, at the owners’ target rate, with a purchase the likely next step.

Read the Long Grove case study →

More closings near Buffalo Grove, newest first

Leased

537 + 541 N Wolf Rd, Wheeling

Two 1,100 SF flex units · Landlord represented · May 2026
$1,900/mo

Each unit leased at this rate, one to a bakery producing for distribution and one to an e-commerce collectibles seller. Read the case study

Leased

750 Bunker Ct, Vernon Hills

Retail · 3,570 SF · April 2024
$6,545/mo
Sold

2230–2232 S Foster Ave, Wheeling

Industrial · Seller represented · November 2023
$680,000
Sold

199 N Milwaukee Ave, Wheeling

Retail · Seller represented · September 2022
$480,000

Own a commercial building in Buffalo Grove? Request a confidential opinion of value →

Market report · state transfer records · two years to June 30, 2026

What does commercial and industrial property sell for in Buffalo Grove?

In the two years to June 30, 2026, the Village of Buffalo Grove recorded 15 arm’s-length sales of office, retail, commercial and industrial property, at a median price of $4.25 million — 14 on the Lake County side of the village and 1 on the Cook County side.

15sales · median $4.25 million · two years to June 30, 2026
By property type
Property typeSalesMedian price
Retail & commercial9$1,600,000
Office2—
Industrial4—
All15$4.25 million

A group median appears only where enough sales qualify.

By year, to June 30
PeriodSalesMedian price
Latest 12 months7$7,096,775
The year before8$2,925,000

The mix of property types changes from year to year, so these two medians are not a price trend.

The report gives no price per square foot. Only two of the industrial sales could be measured that way, and for retail, commercial and office property a per-square-foot median would mislead: the land and any tenant set much of the price.

The county record further down this page is a different source. It covers only the Lake County side of the village and shows the most recent recorded sale on each parcel, and its per-square-foot figures are recorded entries, not a market rate. The two use different records and windows, so their counts differ.

Time to sell · two years to June 30, 2026

How long does it take to sell a commercial building in Buffalo Grove?

The eight Buffalo Grove sellers who marketed their building report a median of 6 months on the market; 6 of the 8 sold within six months and 7 within a year. They reported 2, 3, 3, 6, 6, 6, 12 and 36 months. The other three of the 11 sellers who reported a marketing time never put their building on the market.

Eight sales is a small sample, and each figure is the seller’s own estimate. Jason keeps a live board of buyers and tenants who are looking now. See who is looking →  ·  Ask what your building would sell for →  ·  Compare with other towns →

Source: Jason Bitton RE/MAX Commercial’s database from public records: arm’s-length sales of office, retail, commercial and industrial property in Buffalo Grove, dated July 1, 2024 to June 30, 2026; updated September 24, 2026. Sales are counted per transaction; one sale may cover several parcels, and a building resold on the same day is counted once, at the final price. Price excludes personal property. Marketing time is the seller’s own estimate (11 of the 15 sales report it). A group median appears only where enough sales qualify. Filings can trail a sale by weeks, so the latest quarter may still rise slightly. Aggregates only. Next update: late November 2026, for sales through September 30.

For sellers

Why Buffalo Grove sellers hire Jason

Beyond pricing, marketing and negotiating, a seller gets the bench Jason has built over years of closings. Across the Chicago area, Jason has closed deals from 1,500 to 98,905 square feet and has sold contractor units, mixed-use, multifamily, medical and office buildings, manufacturing warehouses and national retail stores.

What a Buffalo Grove sale has to answer

Which county

Buffalo Grove straddles the Lake–Cook county line, and Lake-Cook Road runs along it. Which side a building sits on changes the tax picture a buyer underwrites. Of the 15 sales in the market report, 14 were on the Lake County side and 1 on the Cook County side.

Open market or quiet sale

Not every Buffalo Grove sale goes to the open market: 3 of the 11 sellers who reported a marketing time never put the building on the market at all. If you want yours quiet, Jason can run an off-market process: no sign and no public listing unless you decide otherwise.

Sell now or lease first

When a property is too much for one buyer to take on in one step, the lease can come first. That is how Jason structured the Long Grove dealership site above: a three-year lease at the owners’ target rate, with a purchase the likely next step.

People and tools Jason can bring to your sale

  • A tested starting point — Mainstreet commercial contract forms, reviewed and revised by many attorneys over the years, give your attorney an established starting point and can reduce drafting time.
  • Flat-fee counsel — real estate counsel who works on a flat rate, when you want one.
  • Fast environmental — environmental consultants who turn time-sensitive reports around quickly.
  • Lenders who answer — lenders who pick up Jason’s call directly and get a buyer’s financing moving.
  • Village zoning, handled — Jason works zoning and use questions directly with the village.
  • Honest trades — roofers, window contractors and other trades with fair pricing, to get a building ready to sell.
  • No competing portfolio — Jason doesn’t own or develop commercial property, so no building of his ever competes with yours for a buyer.

For pricing, likely buyers, marketing and negotiation on a Buffalo Grove building, see selling your commercial property with Jason.

What clients say

Trusted by commercial owners & investors

★★★★★ 5.0 · 17 Google reviews
★★★★★

“Jason was professional and went above and beyond helping us to sell our property. He was prompt in responding and helpful with our questions. He shows up and follows through.”

— Anna S.
★★★★★

“Jason recently sold one of my commercial condo properties. His communication is great, very responsive. Jason utilized multiple platforms to get eyes on my listing. I’m very happy with how Jason handled the sale of my unit!”

— Bryan S.
★★★★★

“Jason’s been a huge asset in our commercial real estate deals. He’s quick, professional, and detail oriented. Highly recommend him!”

— Tina G.
Read all 17 five-star reviews on Google →
Meet your broker

Jason Bitton

Commercial Real Estate Broker · RE/MAX Commercial

Jason Bitton is a commercial-only broker based in Libertyville, ranked #1 by commercial production among RE/MAX brokers in Illinois in 2022, 2024, and 2025 and a 2025 RE/MAX Hall of Fame inductee. With more than a decade working exclusively in commercial property, he represents buyers, sellers, landlords, and tenants across retail, industrial, office, multifamily, mixed-use, NNN, and land throughout Lake County, the North Shore, and the O’Hare corridor.

Market Overview

The Buffalo Grove Commercial Market

Buffalo Grove is a commercial market that straddles the Lake County and Cook County line — Lake-Cook Road, the village’s primary retail spine, runs along that border. Affluent demographics, a strong office and research-park base, and easy access via Milwaukee Avenue (Route 21) and Dundee Road (Route 68) drive steady demand across retail, office, and industrial, anchored by a planned Town Center.

Market Highlights

  • ✓ Lake-Cook Road — the county-line retail corridor
  • ✓ Milwaukee Avenue (Route 21) & Dundee Road (Route 68)
  • ✓ Town Center — planned walkable mixed-use core
  • ✓ Deep office & research-park base
  • ✓ Straddles Lake & Cook Counties — broad trade area
  • ✓ Affluent demographics and strong corporate presence

Retail

Lake-Cook Road and Milwaukee Avenue retail, Town Center storefronts, pad sites, and restaurants.

Office & Research

Corporate, R&D, professional, and medical office in the village’s office and research parks.

Industrial & Flex

Light manufacturing, warehouse, and flex space in the village’s industrial parks.

Investment Sales

Multi-tenant retail, office, and mixed-use assets across the Lake–Cook border.

Daytime Employment

Who Actually Works in Buffalo Grove

Buffalo Grove holds 15,750 jobs inside village limits. That is the daytime population a commercial tenant actually draws from — a different, and for commercial purposes more useful, number than the residential count most listings quote.

28.6% of those jobs are industrial — manufacturing, wholesale trade, and transportation & warehousing combined. Manufacturing leads at 2,418 jobs, with Wholesale trade (1,867) and transportation & warehousing (214) behind it.

The village itself counts 42,891 residents in 16,213 households, with a median household income of $129,395 (U.S. Census Bureau, American Community Survey 2020-2024 five-year estimates).

Source: U.S. Census Bureau, LEHD LODES8 2023 (workplace area characteristics). Figures count jobs located in Buffalo Grove, not residents. Updated annually.

From the Public Record

What the Lake County Records Show, Parcel by Parcel

This covers the commercial and industrial parcels on the Lake County side of Buffalo Grove; the Cook County side of the village is not covered here. Updated 7 September 2026: 505 parcels, 505 classed commercial and 0 industrial, of which 208 are Improvements-use parcels with a recorded building area (all in the commercial class: the county records no building area on any Buffalo Grove parcel it classes industrial, so industrial and commercial cannot be separated here and each figure below covers both). A parcel is not always one building, so the figures are per parcel. The prices below are recorded county sale prices, not asking prices, and each figure states its sample.

What the record shows - Buffalo Grove (Lake County side), updated 7 September 2026
  • Commercial and industrial: median $122 per recorded building square foot across 18 parcel entries with a disclosed price, 2024 to 2026 (full range $25 to $334). These are recorded entries, not a market rate.
  • 101 of 208 parcels (49%) carry no disclosed sale price in this extract.
  • Computed commercial and industrial tax runs $2.61 per SF (n=193), below the county median of $2.81 (n=5,540). Computed from the 2025 rate and assessed value; it is not a tax bill.
  • The typical Buffalo Grove commercial and industrial parcel carries 25,095.5 SF of recorded building area; 45 of 208 (22%) fall in the 10,000-25,000 SF range.
  • Each figure above states its sample; the records were updated 7 September 2026. It covers only the Lake County side of Buffalo Grove; parcels on the Cook County side are not in it. Anything recorded since is not in it, so this is a floor on activity, not a complete ledger.
208Buffalo Grove commercial and industrial parcels with a recorded building area
ClassParcelsParcels with a recorded building areaRecorded building SFMedian per parcel10,000-25,000 SFComputed tax per SF, medianNo disclosed sale price
Commercial and industrial (one assessor class)5052089,493,65225,095.545 (22%)$2.61 (n=193) / county $2.81 (n=5,540)101 (49%)

Commercial is the assessor class 60-Commercial Improvements, which covers retail, office and every other non-industrial building; Lake County does not separate retail from office. Computed tax per SF is each parcel's 2025 tax rate times its assessed value, divided by its recorded building area; it is not a tax bill and the rate year does not establish the assessment year. Medians use parcels with a value above $0 and at or below $8 per SF (higher values usually mean a parcel carrying more than one building). Not counted: 83 Improvements-use parcels with no recorded building area (a blank does not prove vacant land) and 0 with a non-positive area. Parcels are counted, not buildings; recorded area is summed per parcel, never across parcels.

18qualifying parcel sale entries with a disclosed price, 2024 to 2026
AddressClassRecorded building SFRecorded priceYearPrice / recorded SFComputed tax per SF
351 Hastings DrCommercial / industrial68,326$7,940,0002026$116$2.12
1160 W Lake Cook RdCommercial / industrial66,835$3,450,0002026$52$2.35
300 Lexington DrCommercial / industrial14,490$355,1002026$25$2.53
651 Deerfield PkwyCommercial / industrial8,029$2,684,7002025$334$5.11
310 W Half Day RdCommercial / industrial172,811$31,500,0002025$182$3.99
2500 Millbrook DrCommercial / industrial89,938$10,400,0002025$116$1.66
887 Deerfield PkwyCommercial / industrial107,897$12,300,0002025$114$0.68
2400 Millbrook DrCommercial / industrial138,806$15,800,0002025$114$1.70
710 Hastings LnCommercial / industrial16,146$1,000,0002025$62$1.02
1531 Barclay BlvdCommercial / industrial75,669$19,198,0992024$254$5.61
150 Mchenry RdCommercial / industrial3,150$715,0002024$227$5.34
1431 Mchenry Rd Ste 214Commercial / industrial1,013$189,7002024$187$6.48
711 Dartmouth LnCommercial / industrial10,660$1,600,0002024$150$2.82
1001 Asbury DrCommercial / industrial73,450$9,600,0002024$131$1.98
850 Asbury DrCommercial / industrial155,423$20,000,0002024$129$2.10
1530 Barclay BlvdCommercial / industrial199,203$25,597,4652024$128$2.50
1450 Busch PkwyCommercial / industrial64,439$6,175,0002024$96$3.85
901 Deerfield PkwyCommercial / industrial46,639$4,250,0002024$91$1.68

All commercial and industrial parcels (one assessor class): 18 parcel entries in 2024 to 2026, 1,013 to 199,203 SF of recorded building area; price per recorded building square foot ranges $25 to $334, median $122, the range and median of these recorded entries, not a market rate. County-wide industrial figures by town and size band are on the Lake County industrial pillar.

Coverage. The extract carries a disclosed sale price on 107 of the 208 parcels with a recorded building area, and shows only the most recent entry per parcel. Each row is one parcel's entry; where a sale covered more than one parcel, the price and area shown are that parcel's record and have not been allocated across the site. A blank price does not prove the parcel never transferred. Anything recorded after 7 September 2026 is not in it, so this is a floor on activity, not a complete ledger. Source: Jason Bitton RE/MAX Commercial’s database from public records. No owner names are published. The parcel and sale tables are downloadable as CSV: parcels and sale entries. Want a first read on your own building? The property value estimator takes a minute; a confidential opinion of value replaces it with real comps.

Commercial Zoning

What Can You Open in Buffalo Grove?

Buffalo Grove zoning by address

Look up a Buffalo Grove address

Street number and street; add the town if it is not Buffalo Grove. The lookup starts on its own when you pause.

Buffalo Grove regulates commercial property under Title 17, with B-1, B-2 and B-3 business districts, a B-4 Business Services and Wholesale district, a B-5 Town Center planned district, an O&R Office and Research district, an I Industrial district and an MX-PD Mixed Use Planned Development district.

Retail & Town Center

B-1, B-2, and B-3 cover retail, restaurant, and service uses at escalating scale along the village’s commercial corridors, while the B-5 Town Center is the village’s planned, walkable mixed-use core.

Office, Research & Industrial

The O&R Office and Research district covers corporate office, research and light-tech, and professional and medical office; the I Industrial district supports light manufacturing, warehouse, distribution, and flex uses.

Buffalo Grove Zoning Districts

The commercial, office and industrial districts in Buffalo Grove, with the uses allowed by right and the uses that need special-use approval — 8 districts, 359 listed uses. Open any district for its full list.

B-1 Business District, Limited Retail — 65 permitted, 15 by special use+

Limited retail district: retail stores and services dealing directly with consumers, plus business and professional offices, with dwelling units allowed only above the ground floor. Maximum FAR 0.5; minimum lot 10,000 sq ft; height 3 stories/35 ft. (Section 17.44.020; last amended Ord. 2019-054.)

Permitted by right: Accessory uses, Animal hospitals, Any other similar type retail store, office or service establishment not specifically permitted herein, but which is compatible with the established uses in the surrounding area, Art and school supply stores, Art galleries, Auction rooms, Banks and financial institutions, not including drive-through service facilities, Barber shops, Beauty shops, Bicycle shops and bicycle service shops excluding those which sell and/or service motorized vehicles and/or motorized bicycles, Book or stationery stores, Camera and photographic supply stores, Carpet, rug and linoleum stores, Child care centers, China and glassware stores, Clubs and lodges (nonprofit), fraternal or religious institutions, Coin and philatelic stores, Commercial radio and television broadcasting stations (excluding transmitting or antenna towers) except as a special use as specified in Section 17.44.020.C.11, Currency exchanges, Custom dressmaking and millinery shops, Department stores, Drug stores, Dry goods or notion stores, Dry-cleaning and laundry-receiving stations; processing to be done elsewhere, Electrical and household appliance stores, including radio and television sales, Florist shops and conservatories, Food stores—grocery stores, meat markets, bakeries (retail), candy and ice cream shops, delicatessens and frozen food stores including locker rental in conjunction therewith, Furniture stores, including upholstering when conducted as part of the retail operations and secondary to the principal use, Furrier shops, including the incidental storage and conditioning of furs, Garden supply and seed stores, Gift shops, Haberdasheries, Hardware stores, Health clubs - under 10,000 square feet in total floor space, Hobby shops, for retail of items to be assembled or used away from the premises, Home occupations, Interior decorating shops, including upholstering and making of draperies, slip covers and other similar articles when conducted as part of the retail operations and secondary to the principal use, Jewelry stores, including watch repairs, Leather goods and luggage stores, Liquor stores, package goods only, Locksmith shops, Massage establishments, Medical and dental clinics, Meeting halls, Musical instrument stores, including minor repair, Nonacademic schools, classes and instruction, Office supply stores, Offices—business and professional, Optician shops, Paint and wallpaper stores, Photographer, Public baths, Residential uses: dwelling units, if business uses, or premises designed for such uses, occupy the ground floor, Restaurants, tearooms, outdoor sidewalk cafes, and outdoor garden cafes, conducted accessory to indoor establishments (drive-in restaurants or food stands for eating in parked autos not permitted), Sewing machine stores, household machines only, Shoe and hat repair stores, Shoe stores, Sporting goods stores, Swimming pools (Public), Taverns, Temporary buildings for construction purposes for a period not to exceed the duration of such construction, Tobacco shops, Toy stores, Variety stores, Wearing apparel shops

Special use approval required: Adult-use cannabis dispensary pursuant to Section 17.28.080 (only on sites with frontage on Lake-Cook Road, IL Route 68 (Dundee Road) or IL Route 45 (Milwaukee Avenue)), Auditorium, stadium, arena, armory, and other similar places for public events, Bus terminal, railroad passenger station, freight terminal or any other public transportation terminal facilities, Business planned unit development, Churches and places of public worship (zoning lot of at least 40,000 square feet, no more than 25% of the lot occupied by buildings, and enough land for the building and off-street parking), Convents, monasteries, rectories or parish houses, Drive-through facilities for retail pharmacies for the drop-off of prescription orders and pick-up of prescription medications and over-the-counter medical items, Golf course (including miniature golf courses), public or private, Police or fire station, Public buildings, including art gallery, library, museum or similar structures, Public or privately owned and operated recreation area, fairgrounds, permanent carnivals, "kiddie parks," or other similar amusement centers, Public or privately owned recreation building or community center, Public park, playground or club, Public utility facilities, Wind energy conversion system

Read the B-1 district in the official code

B-2 Business District, General Retail — 43 permitted, 23 by special use+

General retail district permitting all B-1 uses (except animal hospitals) plus a broader range including hotels and motels, automobile service stations, hospitals, theatres and funeral parlors. Maximum FAR 0.5; 1,100 sq ft of lot area per dwelling unit (800 per efficiency); height 3 stories/45 ft. (Section 17.44.030; last amended Ord. 2019-054.)

Permitted by right: Antique shops — a shop selling used antiques may also count as a resale shop, a special use at least 1,000 feet from another pawn or resale shop (Sec. 17.44.030.C.21); confirm with the Village, Any other similar type retail store, office or service establishment not specifically permitted in this Chapter, but which has economic compatibility with the established uses on adjoining premises, Any permitted use in the B-1 business district except animal hospitals, Art galleries and studios, Auditorium — the code also lists auditoriums as a special use (Sec. 17.44.030.C.1); confirm with the Village, Automobile service station, Automobile wash, Bicycle stores, including rental and repair, Blueprinting and photostating establishment, Business college or business school, operated as a business enterprise, Caskets and casket supplies, Catering establishments, Clothing and costume rental shops, Dry-cleaning establishments when employing facilities for the cleaning and pressing of dry goods for retail trade only, conducted on the premises, Employment agencies, Exterminating shops, Feed and seed stores, Frozen food locker, excluding wholesale storage, Hospital or sanitarium, Hotel and motel, Laundromats, automatic or self-service type, Loan offices, Medical or dental clinics and laboratories, Music conservatory or music instruction, Newsstand, Orthopedic, medical and surgical, Personal wireless communications facilities and cellular telephone facilities, including antennas, on public property, quasi-public property and property owned by a public utility, when located within a building or on the exterior of a building (no more than 15 feet above the roof or 15 feet out from the sides; subject to the Village Appearance Plan), Pet shops, Photograph developing and processing shops, Picture framing establishments when conducted for retail trade on the premises only, Plumbing showrooms, Post office, Printing, lithographing or publishing establishments for letter press, business cards, mimeographing and other similar custom services, Private club or lodge, Restaurants, not including drive-through or drive-in service, Second-hand store — the code also lists resale shops (Chapter 5.46, which covers most dealers in used goods) as a special use at least 1,000 feet from another pawn or resale shop (Sec. 17.44.030.C.21); confirm with the Village, Tailor shop, Theatres, excluding drive-in theatres, Ticket agencies—amusement, Travel bureau and transportation ticket offices, Undertaking establishments, funeral parlors, Upholstering shop, Wholesale merchandise broker, excluding wholesale storage

Special use approval required: Adult-use cannabis dispensary pursuant to Section 17.28.080 (only on sites with frontage on Lake-Cook Road, IL Route 68 (Dundee Road) or IL Route 45 (Milwaukee Avenue)), Amusement establishments—bowling alleys, pool halls, dance halls, skating rinks and other similar places of recreation except pistol and rifle ranges, Auditorium, stadium, arena, armory, and other similar places for public events, Automobile laundry, Bus terminal, railroad passenger station, freight terminal or any other public transportation terminal facilities, Business planned unit development, Churches and places of public worship (zoning lot of at least 40,000 square feet, no more than 25% of the lot occupied by buildings, and enough land for the building and off-street parking), Convents, monasteries, rectories or parish houses, Drive-through facilities for retail pharmacies for the drop off of prescription orders and pick up of prescription medications and over-the-counter medical items, Drive-through service facilities for businesses other than pharmacies and restaurants, Golf course (including miniature golf course) public or private, Pawn Shops or Resale Shops (as defined in Chapter 5.46) (at least 1,000 feet from any other pawn or resale shop, lot line to lot line), Police or fire station, Preschool/Elementary School, Public buildings, including art gallery, library, museum or similar structures, Public or privately owned and operated recreation area, fairgrounds, permanent carnivals, "kiddie parks," or other similar amusement center, Public or privately owned recreation building or community center, Public park, playground or club, Public utility facilities, Restaurant drive-in facilities for window service of prepared and packaged food where such foods are not consumed on the premises and drive-in restaurants or food stands catering to customers with facilities for parking on the premises for consumption of food in motor vehicles, Sale of new and/or used automobiles as an ancillary use to an existing auto repair facility, Sale, lease and rental of new motor vehicles [limited to passenger automobiles, light trucks and motorcycles] with or without accessory sales and leasing of used vehicles, including outdoor display of vehicles, and including warranty repair work and other repair service conducted as an accessory use (from a freestanding principal building on a zoning lot of 1 to 3 acres), Wind energy conversion system

Read the B-2 district in the official code

B-3 Planned Business Center District — 2 permitted, 1 by special use+

Planned business center district: the only use is a planned business center on a tract abutting a major street, approved on application to the Corporate Authorities under the planned unit development procedure (Section 17.28.050). Its uses are selected from the B-2 permitted and special use lists, and the Village may omit uses or add compatible ones as conditions of approval; the district has no use list of its own. (Section 17.44.040; last amended Ord. 2014-43.)

Permitted by right: Personal wireless communications facilities and cellular telephone facilities, including antennas, on a tower or pole on property owned by a unit of local government or a public utility (set back at least the tower height from non-residential property lines and at least twice the height from residential structures and residential zoning), Uses approved for the planned business center, selected from the uses listed as permitted or special uses in the B-2 general retail business district (the Corporate Authorities may omit uses, or add compatible uses not listed in B-2, as conditions of approval)

Special use approval required: Planned business center (the only use allowed: on tracts abutting and contiguous to a major street, on application to the Corporate Authorities under Section 17.28.050)

Read the B-3 district in the official code

B-4 Business Services and Wholesale District — 30 permitted, 18 by special use+

Business services and light wholesale district: every B-2 permitted use plus trades such as contractor shops, auto repair, cartage, laundries, and wholesale offices and store rooms with storage limited to 6,250 sq ft per establishment. Limited processing or assembly is allowed in up to 6,000 sq ft, and production or processing is capped at 6,250 sq ft per establishment. Maximum FAR 0.80; height 3 stories/45 ft. (Section 17.44.050; last amended Ord. 2016-008.)

Permitted by right: Accessory uses and accessory buildings, when located on the same premises, Agricultural implement sales and service, Air conditioning and heating sales and service, Any use permitted in the B-2 business district, Automobile repair and service shop, including automobile repair and rebuilding, auto laundries, and painting of automobiles, Bottling, nonalcoholic beverages and distribution, Building materials sales, Carpenter or cabinet shops (excluding furniture manufacture), Cartage and express facilities, Clothing, custom manufacturing and alterations for retail trade only, Contractor or construction shops, such as building, masonry, cement, painting, electrical, plumbing, roofing, air conditioning, refrigeration, heating and ventilating, Dry-cleaning establishments, Exterminating shop, Feed and seed store, wholesale, Garage, public, for the storage of private passenger automobiles and commercial vehicles under one and one half tons capacity, Glass cutting and glazing, Greenhouse, wholesale growers, House trailer sales (mobile homes), Household appliance repair shops, Laboratories, medical, dental, research, experimental, and testing, Laundries, limited to 6,250 square feet of gross floor area per establishment, Linen, towel, diaper and other similar supply services, limited to 6,250 square feet of gross floor area per establishment, Machinery sales and service, Monument sales, Motor vehicles sales, including used car lots, Motorcycle sales, including servicing and repair, Personal wireless communications facilities and cellular telephone facilities, including antennas, on public property, quasi-public property and property owned by a public utility, when located within a building or on the exterior of a building (no more than 15 feet above the roof or 15 feet out from the sides; subject to the Village Appearance Plan), Processing or assembly, limited to: advertising displays; awnings, venetian blinds and window shades; brushes and brooms; bakeries, wholesale; cosmetics, drugs and perfumes; electrical equipment appliances; food processing, packaging and distribution; ice cream; jewelry; medical and dental supplies; optical goods and equipment; pattern making scientific and precision instruments; products from finished materials, such as bone, cloth, cork, feathers, felt, fiber, fur, glass, hair, horn, leather, paper, plastic, precious or semi-precious stones, rubber, shell or yarn; silver plating and repair shop; tool, die and pattern making (space occupied in a building may not exceed 6,000 square feet, and the work must not create noise, vibration, odor, dust or other conditions disturbing neighbors; larger operations belong in the I district), Used automobile sales on an open lot or within a building, Wholesale offices and store rooms with storage limited to 6,250 square feet of floor area per establishment

Special use approval required: Auditorium, stadium, arena, armory, and other similar places for public events — auditoriums also come in as a permitted use through the B-2 list that B-4 takes in (Sec. 17.44.050.B); confirm with the Village, Bus terminal, railroad passenger station freight terminal or any other public transportation terminal facilities, Business planned unit development, Churches and places of public worship (zoning lot of at least 40,000 square feet, no more than 25% of the lot occupied by buildings, and enough land for the building and off-street parking), Convents, monasteries, rectories or parish houses, Drive-through facilities for retail pharmacies for the drop-off of prescription orders and pick-up of prescription medications and over-the-counter medical items, Golf course (including miniature golf courses), public or private, Health clubs — over 10,000 square feet in total floor space, Personal wireless communications facilities and cellular telephone facilities, including antennas, on a tower or pole on property owned by a unit of local government or a public utility (set back at least the tower height from non-residential property lines and at least twice the height from residential structures and residential zoning), Police or fire station, Public buildings, including art gallery, library, museum or similar structures, Public or privately owned and operated recreation area, fairgrounds, permanent carnivals, "kiddie parks," or other similar amusement center, Public or privately owned recreation building or community center, Public park, playground or club, Public utility facilities, Recreation places, including bowling alley, dance hall, gymnasium, skating rink, archery range, golf practice range, miniature golf course or other places of amusement or entertainment when operated for pecuniary profit except pistol and rifle ranges, Restaurant drive-through facilities for window service or prepared and packaged food where said foods are not consumed on the premises and drive-in restaurants or food stands catering to customers with facilities for parking on the premises for consumption of food in motor vehicles, Wind energy conversion system

Read the B-4 district in the official code

B-5 Town Center Planned District — 82 permitted, 13 by special use+

Pedestrian-oriented Town Center bounded by Lake-Cook Road, IL Route 83 and Buffalo Grove Road, split into Residential, Commercial/Recreational, Office and Public sub-districts, each with its own permitted list. The combined list is shown: untagged uses are permitted in the Commercial/Recreational sub-district only, and the rest carry their sub-districts, so what a parcel may do depends on the sub-district it is mapped in. (Section 17.44.060; last amended Ord. 2016-008.)

Permitted by right: Antique shops, Art and school supply stores, Art gallery, Auditoriums, Bakeries and confectionaries, retail, Banks, not drive-in, Banks, savings and loans, financial institutions (exclusive of drive-in facilities) (Office sub-district), Barber and beauty schools, Barber shops, Beauty parlors, Bicycle and accessories sales and service store, Book stores, Botanical gardens (all four sub-districts), Bowling alleys, Bus shelters (all four sub-districts), Business offices (Office sub-district), Camera and photographic supply stores, Child care centers, China, glassware and metalware stores, Churches, synagogues and temples (Public sub-district), Clothing stores, Coin and stamp stores, Community and recreation centers (Commercial/Recreational, Public sub-districts), Delicatessens, Department stores, Dinner theaters, Dry goods stores, Electrical appliance shops, Floor covering stores, Florist and plant shops, retail, Furniture stores, Furriers and fur apparel stores, Gift, novelty and souvenir stores, Hardware stores, Health clubs - under 10,000 square feet of total floor space, Hobby shops, Home decorating, Hotel and motel, Jewelry stores, Kitchen and bath cabinet showrooms, Leather shops, Libraries (Public sub-district), Luggage and suitcase stores, Medical appliances and supply stores, Medical offices, clinics and laboratories (Office sub-district), Movie and drama theaters, Multiple family dwellings (Residential sub-district), Museums, Musical instrument stores, Newspaper and magazine stands, Nonacademic schools, classes and instruction, Nursing homes (Residential sub-district), Office supply stores, Optical goods stores, Other retail or service uses determined by the Village Zoning Administrator to be similar to and compatible with the established uses in the B-5 District, Outdoor restaurants, Outdoor theaters, festival drama, excluding movies, Paint and wall covering stores, Parks and playgrounds (all four sub-districts), Personal wireless communications facilities and cellular telephone facilities, including antennas, on public property, quasi-public property and property owned by a public utility, when located within a building or on the exterior of a building (no more than 15 feet above the roof or 15 feet out from the sides; subject to the Village Appearance Plan), Pet shops, Pharmacies, Photographic studies, Postal facilities (Public sub-district), Professional offices (Office sub-district), Public offices (Public sub-district), Record shops, Rectory, Restaurants, with/without dancing and entertainment, Roller and ice skating rinks, Savings and loan institutions, not drive-in, Shoe repair shops, Shoe stores, Specialty shops, Sporting goods stores, Stationery stores, Tailoring and dressmaking stores, Tennis, racquetball, handball, swimming and other private recreational clubs, Tobacco shops, Tool and appliance retail centers, Toy stores, Travel bureaus

Special use approval required: Auxiliary drive-in banking, savings and loan and financial establishments in commercial and office sub-districts, Bakery operations including production, wholesale and storage uses and drive-through service window facilities in the Commercial/Recreational sub-district, Churches, synagogues and other places of public worship in the commercial/recreational sub-district provided that the special use is limited to the second floor area of the building, Drive-through facilities for retail pharmacies for the drop-off of prescription orders and pick-up of prescription medications and over-the-counter medical items in commercial/recreational sub-district, Drive-through facilities for retail uses, including restaurant drive-through facilities for window service of prepared and packaged foods, in the commercial/recreational sub-district, Family entertainment center, in the commercial/recreational sub-district (security plan, event management and liquor-control protocols required), Funeral homes in the Commercial/Recreational sub-district, Health clubs - over 10,000 square feet of total floor space, Liquor stores in the commercial/recreational sub-district, Mixed occupancies: residential/commercial; residential/office; residential/commercial/office; commercial/office, Public utility facilities, Supermarkets and food stores in the commercial/recreational sub-district, Wind energy conversion systems

Read the B-5 district in the official code

O&R Office and Research District — 9 permitted, 6 by special use+

Office, research and development district for uses that will not harm the environmental quality of the community; all activities inside an enclosed building and no outside storage. Minimum lot 40,000 sq ft on the district perimeter (20,000 sq ft interior); max height 4 stories/50 ft; max FAR 0.60. (Section 17.48.010; last amended Ord. 2004-100.)

Permitted by right: Accessory retail and services, Banks and financial institutions, not including drive-through service, Civic buildings, Clinics, medical and dental, Engineering and testing laboratories and offices, Laboratories, offices and other facilities for research and development, including basic, applied development and technical services conducted by or for any individual organization or concern, whether public or private, Offices, business or professional, Personal wireless communications facilities and cellular telephone facilities, including antennas, when located within a building or on the exterior of a building (no more than 15 feet above the roof or 15 feet out from the sides; subject to the Village Appearance Plan), Production of prototype products when limited to the scale reasonably necessary for full investigation of the merits of a product, including commercial viability

Special use approval required: Child care center, Drive-through service facilities for banks and financial institutions, Limited industrial and warehousing uses which are directly incidental and accessory to one or more of the principal permitted uses, provided that operations conform with performance standards as set forth in Section 17.48.020.G, Office and research planned unit development, Public and private utility facilities, Wind energy conversion system

Read the O&R district in the official code

I Industrial District — 11 permitted, 29 by special use+

Industrial and limited commercial district for manufacturing, processing, assembly, storage and related uses, subject to the performance standards (noise, odor, vibration, smoke, glare) of Section 17.48.020.G; adult entertainment establishments are limited to one mapped area. Min lot 40,000 sq ft (perimeter) / 20,000 sq ft (interior); max height 4 stories/50 ft; max FAR 0.80. (Section 17.48.020; last amended Ord. 2023-020.)

Permitted by right: Accessory uses to the above permitted uses, Adult Entertainment Establishment (only in the area bounded by Busch Parkway on the south; Corporate Grove Dr. from Busch Parkway to Asbury Dr. and Asbury Dr. extended north to Aptakisic Creek on the west; and Aptakisic Creek on the north and east), Any manufacturing, fabricating, processing, assembly, repairing, storing, cleaning, servicing or testing of materials, goods or products, and related office uses, Building material sales, Clinics, medical and dental, and immediate care facilities, Contractors' shops, Garages for storage, repair and servicing of motor vehicles, including body repair, painting and engine rebuilding, Machinery sales, Offices, business and professional, Personal wireless communications facilities and cellular telephone facilities, including antennas, when located within a building or on the exterior of a building (no more than 15 feet above the roof or 15 feet out from the sides; subject to the Village Appearance Plan), Public utility facilities

Special use approval required: A building connecter between two structures on two separate zoning lots (exempt from yard setbacks if it does not unduly interfere with traffic, pedestrian movement or easement access), A dwelling unit for a full-time resident manager and his/her immediate family as an accessory use in a self-storage facility, provided that the manager is an employee of the owner of the facility, Adult-use cannabis dispensary pursuant to Section 17.28.080, Air, motor and railroad freight terminals, Airports and heliports, Cemeteries, crematories, or mausoleums (tract of at least 160 acres), Child care center, Eating and drinking establishments, Health Clubs, Industrial planned unit development, Landscape waste transfer station, Medical cannabis cultivation center (as defined in Section 17.12.397), Medical cannabis dispensing organization or dispensing organization or dispensary organization (as defined in Section 17.12.399), Nonacademic schools, classes, and instruction, Outside storage (at least 150 feet from a residential district boundary, enclosed by a solid wall or fence at least six feet high and no lower than the stored material), Park and ride facilities for commuter bus and commuter rail services, including accessory retail and service uses (serving commuters' convenience needs, with no customer parking required), Personal wireless communications facilities and cellular telephone facilities, including antennas, on a tower or pole (up to 80 feet; set back at least the tower height from non-residential property lines and at least twice the height from residential structures and residential boundaries), Pet Resort (indoor establishment pursuant to Section 17.12.449), Police station, fire station, or public works facility, Preschool/Elementary School, Railroad rights-of-way, Recreation and social facilities, Retail uses, accessory to the primary use located on the premises (only products manufactured on the premises or incidental to the primary use; no more than 5% or 1,000 square feet of the floor area, whichever is less), Retail uses, including the sale of items not manufactured on the premises, occupying a minimum building floor area of 50,000 square feet accessible to the public (premises adjoining IL Route 83 (McHenry Road), IL Route 22 (Half Day Road), Lake-Cook Road or Milwaukee Avenue), Sale and/or leasing of new and/or used automobiles within an enclosed structure, Sanitary landfill, Stadiums, auditoriums and arenas, Veterinary services (for animals allowed in the Village by Title 6 of the Buffalo Grove Municipal Code), including animal imaging, radiation therapy and similar services, but not including kennels (indoor overnight boarding only when medically necessary), Wind Energy Conversion System

Read the I district in the official code

MX-PD Mixed Use Planned Development District — 8 permitted, 4 by special use+

Mixed-use planned development accommodating retail, service, office and residential uses as an integrated unit. Minimum three different land uses per tract; efficient access to a Strategic Regional Arterial required. Min tract 10 acres; min zoning lot 3 acres; max FAR 1.0; max density 15 DU/acre; max height 100 ft (residential) / 130 ft (office/service/retail). (Chapter 17.50; last amended Ord. 2004-100.)

Permitted by right: Food service and restaurants (including outdoor seating, but not including drive-through facilities) accessory to hotel, office or residential uses, Hotels, Multiple family residential units, including assisted living facilities and nursing homes, Offices, including general, professional, medical and dental, Personal wireless communications facilities and cellular telephone facilities, including antennas, when located within a building or on the exterior of a building (no more than 15 feet above the roof or 15 feet out from the sides; subject to the Village Appearance Plan), Retail stores, Service uses, including physical fitness facilities, accessory to hotel, office or residential uses (not including automotive repair facilities and gas stations, or banks with drive-through facilities), Transportation facilities, including bus shelters, as an accessory use to hotel, office or residential uses

Special use approval required: Auditoriums and conference/convention facilities, Child care centers, including outdoor play facilities, Movie theaters and performing arts theaters, Open space, parks and playgrounds (publicly or privately owned)

Read the MX-PD district in the official code

Source: Buffalo Grove Zoning (Title 17), Municode through Ord. 2026-066 (June 15, 2026; Supp. No. 90). Overlay districts, planned developments and parking rules can further limit what a specific parcel can do.

Confirm any specific address against the village code before signing — or use the Commercial Zoning Lookup and tell Jason what you’re trying to open.

Also Serving

Nearby Markets

Click a town to explore Jason’s services in that market.

Across both counties: Lake County commercial real estate · Cook County commercial real estate

Questions

Buffalo Grove Commercial Real Estate FAQ

Who is the best commercial real estate broker in Buffalo Grove?+
Jason Bitton of RE/MAX Commercial — the #1 RE/MAX Commercial broker in Illinois (2022, 2024, 2025) — serves Buffalo Grove from his base in nearby Libertyville. He represents buyers, sellers, landlords, and tenants across retail, office, industrial, flex, and investment property throughout Buffalo Grove, which straddles the Lake–Cook county line, from the Lake-Cook Road retail corridor to the Town Center and the village’s office and industrial parks. In neighboring Wheeling he has sold two buildings for their owners, and he has leased space for landlords there and in Long Grove.
Who should I hire to sell my commercial building in Buffalo Grove?+
Jason Bitton of RE/MAX Commercial. He has closed sales for owners in three towns that border Buffalo Grove: Wheeling, Arlington Heights and Long Grove. In Wheeling he sold 2230–2232 S Foster Ave in November 2023 and 199 N Milwaukee Ave in September 2022, representing the seller both times. He works for sellers — more than 80% of the sales on his public ledger represented the seller — and he doesn’t own or develop commercial property, so no building of his ever competes with yours for a buyer. In CoStar sale records he was the listing agent on more Lake County retail sales that closed in 2024 than any other agent.
What does commercial and industrial property sell for in Buffalo Grove?+
In the two years to June 30, 2026, the Village of Buffalo Grove recorded 15 arm’s-length sales of office, retail, commercial and industrial property, at a median price of $4.25 million. Retail and commercial sales were 9 of the 15, at a median of $1,600,000; office (2 sales) and industrial (4) are too few for a median. That report gives no per-square-foot figure. The the county record, a different source that covers only the Lake County side of the village, shows 18 parcel sale entries with a disclosed price for 2024 to 2026, commercial and industrial together; they range $25 to $334 per recorded building square foot, median $122, the range and median of these recorded entries, not a market rate. They are recorded prices per parcel, not asking prices.
How long does it take to sell a commercial building in Buffalo Grove?+
Of the 15 sales in the two years to June 30, 2026, eleven sellers reported a marketing time: three never put the building on the market, and the eight who marketed their building report a median of 6 months (they reported 2, 3, 3, 6, 6, 6, 12 and 36 months); 6 of the 8 sold within six months and 7 within a year. Eight sales is a small sample, and the source is the seller’s own estimate.
Is Buffalo Grove in Lake County or Cook County?+
Both. The Village of Buffalo Grove straddles the Lake–Cook county line, and Lake-Cook Road runs along it. Which county a building is in changes the tax picture a buyer underwrites. Of the 15 arm’s-length sales of office, retail, commercial and industrial property recorded inside the village in the two years to June 30, 2026, 14 were on the Lake County side and 1 on the Cook County side.
What zoning do I need to open a retail or restaurant business in Buffalo Grove?+
It depends on the zoning district the address is mapped in, and on whether the use is allowed there by right or needs the village’s special-use approval. The zoning guide on this page lists Buffalo Grove’s commercial, office and industrial districts with the uses each allows, and links to the official code. Confirm any specific address against the village code before signing, or tell Jason what you want to open: he works zoning and use questions directly with the village.
What are the main commercial corridors in Buffalo Grove?+
Lake-Cook Road — which runs along the Lake–Cook county line — is the primary retail and commercial spine, joined by Milwaukee Avenue (Route 21) and Dundee Road (Route 68). The Town Center anchors walkable mixed-use, and the village’s office/research and industrial parks sit along the major arterials.
Can Jason help with industrial, flex, or office space in Buffalo Grove?+
Yes. Jason represents owners and tenants on industrial, flex, and office assignments across the Lake–Cook border market and underwrites investment sales. Near Buffalo Grove he sold 2230–2232 S Foster Ave, an industrial building in Wheeling, for its owner in November 2023, and leased two 1,100 SF flex units at 537 and 541 N Wolf Rd in Wheeling for their landlord in May 2026. Inside Buffalo Grove, the two years to June 30, 2026 recorded 4 arm’s-length industrial sales and 2 office sales, too few for a median price.
What do computed property taxes per square foot look like for commercial buildings in Buffalo Grove?+
Computed as each parcel's 2025 tax rate times its assessed value, divided by its recorded building area, the median Buffalo Grove commercial or industrial parcel (one assessor class in Buffalo Grove) computes to about $2.61 per square foot of recorded building area, against a Lake County commercial median of $2.81 (samples: 193 Buffalo Grove and 5,540 county parcels with a value above $0 and at or below $8). These are computed estimates from the assessor record, not tax bills, and the rate year does not establish the assessment year.
How many Buffalo Grove commercial parcels show no disclosed sale price?+
Of the 208 commercial Improvements-use parcels with a recorded building area, 101 (49%) carry no disclosed sale price in the county extract. A blank price means the extract holds no disclosed figure for that parcel; it does not establish that the parcel never transferred or how long the owner has held it.

Thinking About Selling in Buffalo Grove?

Start with a confidential, off-market opinion of value from a senior broker who works Buffalo Grove’s Lake–Cook corridor directly — from Lake-Cook Road to the Town Center. No sign in the window, no tenant speculation — a private read on value and current buyer demand, then you decide.

Buying or leasing instead? Same door: Get Started or call.

Want a number first? The property value estimator gives a first read from rent, taxes and size before anyone talks.

Or start from the record: the commercial property lookup shows size, county valuation and last sale for any commercial building on file in Buffalo Grove.