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.

Start a limited search below, or access full Illinois property data here.

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.

To unlock full property records and owner contact information start a free trial

Illinois commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $901 $3,367
Average sold price $1,040,193 $1,348,837
Median sold price $197,719 $181,971
Number of sales 3,467,676 131,587
Number of sales over $250k 1,471,021 52,883
Number of sales over $1m 331,728 14,429
Number of sales over $10m 44,553 2,586
Average total tax amount $7,047 $7,887
Average assessed value $252,055 $57,620
Average market value $355,886 $216,574

Illinois commercial real estate property averages

Property averages United States Illinois
Average lot size 816,547 sf 381,910 sf
Median lot size 24,451 sf 10,510 sf
Average building area 1,078 sf 209 sf
Median building area 77 sf 83 sf
Median year built 1970 1959
Average number of units 16 10
Median number of units 2 2

Illinois commercial real estate total supply

Supply United States Illinois
Number of parcels 58,466,290 2,499,228
Aggregate lot acerage 1,006,172,965 12,453,958
Aggregate building area 8,055,272,149 sf 64,660,817 sf
Aggregate units 90,008,311 2,445,095

Illinois commercial real estate industrial mortgages

Debt United States Illinois
Number of mortgages 41,924,523 3,333,005
Average value of mortgages $5,197,370 $5,542,459

To unlock full property records and owner contact information start a free trial