For Sale
Bedford Park, IL
Commercial Real Estate Market Trends & Data
$232
Avg asking sale price
$24
Avg asking lease rate
29,135 SF
Avg unit lease size
38,008 SF
Avg building size for sale
6.50%
Average cap rate
Bedford Park's Demographic Profile
Bedford Park has 209 households and a median income of $90,789, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 623 |
| # Households | 209 |
| Median age | 40 |
| Median household income | $90,789 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 19 |
| 5-year population change | -3% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Bedford Park, IL
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Summit | $147 | 10,826 SF | 7.40% |
| Summit Argo | $105 | 10,826 SF | 7.40% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Bedford Park | $233 | 12,241 SF |
| Summit | $91 | 7,846 SF |
| Summit Argo | $179 | 7,316 SF |
| Burbank | $344 | 18,424 SF |
| Bridgeview | $202 | 7,485 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Berwyn | $121 | 19,059 SF | 9.83% |
| Chicago Lawn | $105 | 189,495 SF | 9.30% |
| Chicago | $183 | 39,335 SF | 25.00% |
| Cicero | $93 | 18,741 SF | 9.83% |
Commercial Properties For Sale in Bedford Park
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
Average Price For Sale
↻ Updated MonthlyAverage Size For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Bedford Park pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Bedford Park | $232 | 38,008 SF |
| Summit | $92 | 10,439 SF |
| Summit Argo | $195 | 13,555 SF |
| Burbank | $236 | 65,822 SF |
| Bridgeview | $192 | 10,653 SF |
Regional Demographic Comparison
This comparison places Bedford Park alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Bedford Park or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Bedford Park | 623 | 209 | 40 | $90,789 | 3 | 19 | -3% |
| Summit | 10,851 | 3,343 | 36 | $51,049 | 3 | 1,771 | -3% |
| Summit Argo | 11,439 | 3,538 | 36 | $53,953 | 3 | 1,786 | -3% |
| Burbank | 28,112 | 8,881 | 39 | $74,637 | 3 | 1,937 | -3% |
| Bridgeview | 16,345 | 5,567 | 39 | $58,857 | 3 | 1,785 | -3% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Bedford Park, IL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Bedford Park
View All Commercial Real Estate For Sale in Bedford Park
Is Bedford Park a good market for a first-time commercial real estate investor?
Bedford Park offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Bedford Park?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Bedford Park. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Bedford Park?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Bedford Park. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Bedford Park compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Bedford Park. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Bedford Park acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Bedford Park, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
Nearby Market Trends
- Chicago Market Trends
- Oak Park Market Trends
- Chicago Lawn Market Trends
- Melrose Park Market Trends
- Oak Brook Market Trends
- Cicero Market Trends
- Oak Lawn Market Trends
- Darien Market Trends
- Berwyn Market Trends
- Westchester Market Trends
- Forest Park Market Trends
- Summit Argo Market Trends
- Alsip Market Trends
- River Forest Market Trends
- Bridgeview Market Trends
- Blue Island Market Trends
- View more
- View less
