Commercial Real Estate in Illinois | Reonomy

Commercial Real Estate in Illinois

Unlock property data on all 2,421,113 commercial properties in Illinois. Search across 100 counties to find the Illinois property records you need, and get in touch with Commercial Real Estate owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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Popular searches around Illinois

Reonomy attracts a large community of Illinois commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Illinois commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $916 $3,863
Average sold price $1,054,372 $1,342,824
Median sold price $198,202 $183,080
Number of sales 3,149,933 119,375
Number of sales over $250k 1,339,323 48,087
Number of sales over $1m 302,192 13,011
Number of sales over $10m 41,158 2,358
Average total tax amount $7,055 $7,750
Average assessed value $252,203 $56,967
Average market value $355,606 $214,359

Illinois commercial real estate property averages

Property averages United States Illinois
Average lot size 815,723 sf 381,962 sf
Median lot size 24,460 sf 10,513 sf
Average building area 1,078 sf 209 sf
Median building area 77 sf 83 sf
Median year built -- 1959
Average number of units 16 10
Median number of units -- 2

Illinois commercial real estate total supply

Supply United States Illinois
Number of parcels 58,466,290 2,499,228
Aggregate lot acerage 1,005,378,994 12,452,987
Aggregate building area 8,055,211,095 sf 64,659,774 sf
Aggregate units -- 2,444,509

Illinois commercial real estate industrial mortgages

Debt United States Illinois
Number of mortgages -- 3,332,664
Average value of mortgages -- $5,542,799

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