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    Arlington Heights, IL
    Shopping Center

    Arlington Heights, IL Shopping Centers for Sale

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    Grandview, IL Southern View, IL Sherman, IL Riverton, IL Rochester, IL Chatham, IL Cantrall, IL Decatur, IL
    Mixed-Use Retail and Restaurant Property
    Updated: Feb 7, 2025
    Mixed-Use Retail and Restaurant Property

    107 W COOK Street, Springfield, IL 62704

    $450,000
    1.30 AC lot
    Vinegar Hill Mall building originally constructed in 1908; previously used as a laundry facility.
    Heating: forced air; cooling: central air.
    Construction materials include brick, block, and frame.
    Flooring includes wood and tile.
    Roof: membrane/flat; served by public sewer.
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    Fully Occupied Community Shopping Center
    Updated: Jun 12
    Fully Occupied Community Shopping Center

    1812 Adlai Stevenson Drive, Springfield, IL 62703

    $1,575,266
    32,080 sqft 2.35 AC lot
    32,080‑SF community retail center at 1800 Stevenson Drive in Springfield, IL.
    Fully occupied, multi‑tenant center with 10 tenants spanning fitness, food & beverage, personal services, office, and entertainment.
    Built in 1956 and located on a 2.35‑acre site in a dense Springfield corridor.
    100% occupancy with in‑place rents averaging $6.79/SF.
    Largest tenants: BLH Computers (12,080 SF, nearly 38% of total GLA) and Progressive (4,800 SF), each with long‑term occupancy.
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    Fully Leased Commercial Property
    Fully Leased Commercial Property

    1533-1535 Wabash Ave, Springfield, IL

    $460,000
    8,364 sqft 0.58 AC lot

    Fully leased commercial property in Springfield, IL with strong income.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Historic Mixed-Use Retail Destination
    Historic Mixed-Use Retail Destination

    107 W Cook St & 620 S 1st St, Springfield, IL 62704

    $150,000
    53,423 sqft

    Historic Springfield mall with retail, restaurant, and flexible spaces.

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    Five-Tenant NNN Retail Center
    Five-Tenant NNN Retail Center

    4525 Wabash Ave, Springfield, IL 62711

    Contact for pricing
    1.23 AC lot

    Five-tenant retail center with long-term NNN leases and 100% occupancy, built in 2003.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Arlington Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Shopping Center Storefront Suites
    Retail Shopping Center Storefront Suites

    2950 N WATER Street, Decatur, IL 62526

    $1,200,000
    1.67 AC lot

    Multi-suite retail center offers storefront entries, rear service areas, and private restrooms for flexible retail or service use.

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    Retail Storefront Property
    Retail Storefront Property

    1603 Morrissey Dr, Bloomington, IL 61704

    Contact for pricing
    13,932 sqft

    Stand-alone retail building totaling 13,932 square feet, available for sale.

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    Retail Storefront Suites for Sale
    Retail Storefront Suites for Sale

    2950 N WATER Street, Decatur, IL 62526

    $1,200,000

    Two suites in a multi-suite retail center feature direct storefront entries and rear service areas.

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    Walmart Shadow-Anchored Retail Center
    Walmart Shadow-Anchored Retail Center

    2243 Westgate Dr, Bloomington, IL 61705

    Contact for pricing
    26,400 sqft 5.32 AC lot

    Shadow-anchored shopping center with a Walmart Supercenter and 1.08-acre undeveloped outparcel, currently 30% leased.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land I-55 Access
    Prime Commercial Land I-55 Access

    6000 S 6th Street Frontage Road, Springfield, IL 62702

    $550,000
    1.63 AC lot

    1.63 acre commercial land near I-55 in Springfield, IL.

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    Morton Commercial Land For Sale
    Morton Commercial Land For Sale

    150 W COURTLAND Avenue, Morton, IL 61550

    $1,800,000
    3.55 AC lot

    3.55 acre commercial land with high traffic frontage.

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    Flat Commercial Development Land
    Flat Commercial Development Land

    6713 GODFREY RD, Godfrey, IL 62035

    $1,490,000
    18.16 AC lot

    Flat, approximately 18 acres of commercial land with direct access from Godfrey Road and all public utilities available.

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    Commercial Land with Street Frontage
    Commercial Land with Street Frontage

    O Fallon, IL 62269

    $1,960,200
    1,296 sqft 15.00 AC lot

    15-acre commercial lot with approximately 600 feet of frontage on Hartman Lane and non-operational outbuildings.

    View details

    Arlington Heights, IL Shopping Centers Market Trends and Statistics

    Explore 5 shopping centers for sale in Arlington Heights, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 93,867 square feet of properties for sale, with an estimated market value of $2,185,266.

    Sale prices for plazas in Arlington Heights, IL start at $150,000, averaging $728,422, and reaching up to $1,575,266 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 15
    Showrooms 2
    Storefront properties 2
    Automotive properties 1
    Banks 1

    Demographics Overview

    Population 81K
    Population Growth (5Y) +0.1%
    Median Household Income $116,117
    College Educated 54.8%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sangamon County

    New Delisted

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    Most Searched ZIP Codes in Arlington Heights, IL

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    • 62703
    • 62711

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