Buy, Sell, & Lease Industrial Space in Oak Park, IL

Oak Park, IL offers a rare blend of urban proximity and suburban accessibility for businesses seeking industrial real estate just west of downtown Chicago. Located near the junction of I-290 (Eisenhower Expressway), Harlem Avenue, and CTA/Pace transit lines, Oak Park is ideally situated for companies involved in light manufacturing, warehousing, local distribution, and creative production.

The industrial market in Oak Park is particularly well-suited for small to mid-sized users who value location, workforce access, and adaptability. The area features a mix of classic brick-and-beam industrial buildings, compact warehouse spaces, and flex properties ideal for service providers, logistics operators, and production teams that require proximity to downtown clients or partners.

Whether you’re looking to buy an owner-user facility, lease practical warehouse or production space, or sell an existing asset, Oak Park presents a strong value proposition. With its dense surrounding customer base, supportive local governance, and direct access to both the city and the suburbs, Oak Park remains a strategic choice for industrial occupiers and investors seeking flexibility, location, and long-term value.

Meet Our Oak Park Industrial Space Experts

As Vice President of Sales and Leasing, Gordon Lamphere J.D. guides our industrial real estate brokerage team.

Gordon’s advice is regularly featured in local and national press, and industry leaders recognize him as an industrial real estate expert.

He hosts Chicagoland’s Top Commercial Real Estate Podcast (The Real Finds Podcast) and is globally recognized for his industrial transactional and commercial real estate marketing expertise.

• Listen To The Podcast
• Follow Gordon’s Socials

How We Serve Your Industrial Real Estate Needs in Oak Park

Access Off-Market Opportunities: Oak Park is a tightly held submarket with limited industrial inventory and rising demand from service providers, light manufacturers, and last-mile operators. Many of the most desirable properties—especially small warehouses and flex buildings near Roosevelt Road or the I-290 corridor—are never publicly listed. Through long-standing relationships with local owners, landlords, and developers, we provide our clients with exclusive access to off-market opportunities that deliver value before the rest of the market catches on.

Negotiate Favorable Terms: Whether you’re leasing a flex space, buying a light industrial building, or selling a legacy property in Oak Park, strategic negotiation is essential. We help clients secure favorable lease terms, tenant improvement allowances, flexible occupancy arrangements, and competitive purchase pricing. In a compact, high-demand market like Oak Park, our experience helps you uncover hidden leverage others overlook.

Navigate Zoning and Permitting Challenges: Oak Park’s industrial zones are often nestled within mixed-use corridors, and many buildings are ripe for adaptive reuse. We work closely with village officials, architects, and planning teams to navigate zoning regulations, historic overlays, and permitting requirements, helping you move projects forward faster and with fewer surprises.

Deliver Real-Time Market Insights: Oak Park’s industrial market is changing quickly, driven by evolving logistics needs, redevelopment pressure, and new business migration from Chicago’s core. We monitor lease rates, absorption trends, tenant movement, and buyer activity to ensure you’re working from the most accurate and relevant data available.

We’re Here to Help: From initial strategy to final execution, our commercial real estate agents are your trusted industrial real estate partner in Oak Park. Whether expanding your business, repositioning a facility, or entering the market for the first time, we provide the insight, experience, and local expertise to maximize your results.

Buying Industrial Space in Oak Park

Why Buy Industrial Real Estate in Oak Park?

Oak Park offers a unique opportunity for industrial real estate buyers seeking an infill location that blends urban access with suburban stability. Just west of downtown Chicago and adjacent to the I-290 Eisenhower Expressway, Oak Park is strategically positioned for businesses involved in light manufacturing, last-mile logistics, creative production, and service-oriented industrial operations.

Oak Park’s industrial inventory features a mix of compact masonry buildings, small-bay warehouses, and adaptable flex spaces—ideal for companies that value proximity to clients, suppliers, and transit networks. With CTA, Metra, and Pace transit access, plus nearby connections to I-90, I-55, and I-294, Oak Park offers logistical advantages that few inner-suburban markets can match. Its educated workforce, walkable amenities, and active civic leadership make it particularly attractive to owner-users looking for business functionality and long-term location value.

In a metro area where industrial land is becoming increasingly scarce near the urban core, Oak Park presents a rare chance to own space in a community that offers connectivity, culture, and commercial flexibility.

Key Considerations for Oak Park Industrial Buyers

Proximity to Transportation: Oak Park is just off I-290, with quick connections to I-294, I-55, and downtown Chicago. This location delivers for companies needing to serve both city and suburban markets or operate on a just-in-time schedule.

Zoning and Compliance: Zoning in Oak Park supports a variety of light industrial uses, often interwoven with commercial and residential districts. We assist buyers in navigating zoning overlays, adaptive reuse potential, and building code compliance, especially for legacy buildings that may require modernization.

Property Condition: Many industrial properties in Oak Park were built in the mid-20th century and may require selective upgrades. We help buyers conduct thorough due diligence, assessing roofing, HVAC, power supply, loading areas, and environmental history to ensure alignment with your operational requirements and investment strategy.

Room for Expansion: While Oak Park is densely built out, there are opportunities for interior reconfiguration, vertical expansion, or creative space optimization. We help identify facilities with flexible layouts or adjacent ownership that support long-term adaptability and operational growth.

Selling Industrial Space in Oak Park

Maximizing the Value of Your Industrial Property

Selling industrial property in Oak Park presents a unique opportunity to capture value in one of Chicagoland’s most connected and character-rich inner-suburban markets. With direct access to I-290, close proximity to I-294 and downtown Chicago, and immediate connectivity to major transit systems, Oak Park is increasingly attractive to owner-users, service providers, urban distributors, and investors seeking infill industrial locations.

At Van Vlissingen & Co., we specialize in helping Oak Park property owners maximize asset value through strategic positioning, market intelligence, and targeted buyer engagement. We maintain strong relationships with a wide network of qualified buyers—including institutional capital, private investors, and regional users—ensuring your property reaches the right decision-makers with the right message.

Steps to Selling Industrial Space in Oak Park

Property Evaluation: We begin with a thorough assessment of your asset, taking into account local sales comps, building condition, occupancy status, and zoning overlays. Oak Park’s industrial market is nuanced and infill-based—we combine real-time data and transaction experience to develop a pricing strategy that reflects current demand while highlighting your property’s unique strengths.

Effective Marketing: We create a tailored marketing strategy that highlights what sets your property apart—whether that’s proximity to the Loop, dock and drive-in loading, flexible interior layouts, or historic construction features that lend themselves to adaptive reuse. Our campaigns combine digital exposure, direct outreach to qualified buyers, and promotion through our proprietary broker and investor network.

Negotiation and Closing: Our team manages every stage of the transaction—from offer negotiation and buyer qualification to due diligence coordination and final closing. We handle environmental issues, zoning questions, tenant transitions, and all closing logistics, ensuring a smooth and successful process that protects your financial goals.

Leasing Industrial Space in Oak Park

Flexible Leasing Options for Growing Businesses

Leasing industrial space in Oak Park offers businesses a rare opportunity to operate in a high-demand, centrally located submarket just west of downtown Chicago. With immediate access to I-290 (Eisenhower Expressway), major north-south corridors like Harlem and Austin, and multiple CTA, Metra, and Pace transit options, Oak Park provides exceptional connectivity for companies in light manufacturing, last-mile logistics, production, and service-based operations.

Oak Park’s industrial market is especially well-suited for small to mid-sized users. The area features a mix of traditional brick-and-beam buildings, adaptable flex spaces, and compact warehouse properties often integrated into mixed-use corridors. Whether you’re serving city clients, expanding a specialized operation, or launching a new venture, Oak Park offers efficient, flexible space close to both your workforce and your customers.

Oak Park Leasing Considerations

Lease Structure: Industrial leases in Oak Park are typically offered as gross, modified gross, or triple-net (NNN), each with varying responsibility for operating expenses. We work with you to evaluate the right structure based on your operational priorities, budgeting needs, and preferred risk profile.

Lease Term: Oak Park landlords frequently offer customizable lease terms to fit growing or transitioning businesses. Whether you need short-term flexibility or a multi-year anchor, we help you assess clauses like renewal options, rent escalations, and expansion rights so your lease supports—not limits—your future growth.

Tenant Improvements: Many Oak Park property owners are open to providing tenant improvement (TI) allowances to help you customize the space to fit your use. Whether it’s upgrading power, installing new lighting, building out office or studio space, or optimizing warehouse layout, we negotiate the improvements you need to be productive from day one.

Expansion Opportunities: Oak Park is compact, but not static. We help tenants identify properties with internal flexibility, adjacent parcels under common ownership, or opportunities for creative expansion so your business can scale without interruption.

Why Work with Our Team in Oak Park

Local Market Expertise: Navigating the industrial real estate market in Oak Park requires a nuanced understanding of zoning overlays, building stock, adaptive reuse potential, and the unique dynamics of an inner-ring suburb. Our team specializes in Oak Park and the surrounding west suburban corridor, helping businesses buy, lease, and reposition industrial space with clarity and confidence. Whether you need a small-bay warehouse, a service-oriented facility, or a flexible owner-user space, we provide expert guidance to align your real estate decisions with your operational needs and long-term goals.

Access to Off-Market Opportunities: Oak Park’s industrial inventory is limited and often tightly held. Many of the best spaces, particularly older brick buildings and creatively reused flex properties, never hit the public market. Through our relationships with local owners, investors, and community stakeholders, we offer access to exclusive off-market opportunities before they reach the broader marketplace.

Data-Driven Insights: We track the Oak Park industrial market closely, monitoring lease rates, property turnover, municipal development activity, and buyer/tenant movement. Our data-backed approach ensures you’re making informed decisions—whether you’re evaluating lease comps, listing a property, or looking to acquire space in a changing corridor. We help you understand where value is rising—and how to act on it.

We’re Here to Help: Whether you’re expanding operations, repositioning a legacy asset, or entering the Oak Park market for the first time, Van Vlissingen & Co. brings the local insight, transactional expertise, and strategic vision needed to succeed. From initial planning to final negotiation, we’re your trusted partner in industrial real estate.

Amenities in Oak Park, IL

Oak Park offers a rare combination of historic character, walkable neighborhoods, and urban accessibility—making it one of the most livable and strategically located industrial submarkets in the near west suburbs of Chicago. With direct access to I-290, excellent transit options, and a thriving local business scene, Oak Park supports both operational efficiency and a vibrant employee experience.

Roosevelt Road & Madison Street Corridors: Oak Park’s key commercial corridors along Roosevelt Road, Madison Street, and Harlem Avenue feature a diverse mix of restaurants, independent retailers, service providers, and cultural institutions. These high-traffic areas add day-to-day convenience for employees, vendors, and clients while increasing the visibility and accessibility of nearby industrial and flex properties.

Downtown Oak Park & The Arts District: Just minutes from industrial zones, Downtown Oak Park and the South Oak Park Arts District offer coffee shops, restaurants, boutique retail, coworking spaces, and entertainment venues—all within a walkable, transit-connected environment. This vibrant urban-suburban mix helps companies attract and retain talent, especially in creative and service-driven industries.

Transit Access & Last-Mile Advantage: Oak Park is served by CTA Green and Blue Lines, Metra’s Union Pacific West Line, and multiple Pace bus routes, making it one of the most transit-accessible suburban locations in the region. Its location just west of downtown provides a critical last-mile advantage for distribution, service, and supply chain operations.