Commercial Real Estate in Illinois | Reonomy

Commercial Real Estate in Illinois

Unlock property data on all 2,494,320 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 -- --
Average sold price $696,014 $612,150
Median sold price $120,027 $79,348
Number of sales 5,016,505 208,779
Number of sales over $250k 1,742,648 58,933
Number of sales over $1m 358,151 14,469
Number of sales over $10m 49,546 2,270
Average total tax amount $4,979 $7,000
Average assessed value $231,735 $55,731
Average market value $311,377 $204,201

Illinois commercial real estate property averages

Property averages United States Illinois
Average lot size 827,961 sf 398,453 sf
Median lot size 24,595 sf 10,885 sf
Average building area -- --
Median building area -- --
Median year built 1972 1960
Average number of units 18 12
Median number of units 2 2

Illinois commercial real estate total supply

Supply United States Illinois
Number of parcels 105,898,240 2,567,145
Aggregate lot acerage 873,858,415 13,833,390
Aggregate building area -- --
Aggregate units 106,341,984 3,155,239

Illinois commercial real estate industrial mortgages

Debt United States Illinois
Number of mortgages 42,405,396 3,479,836
Average value of mortgages $5,775,384 $6,033,739

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