Commercial real estate in Addison

Search commercial real estate records in Addison to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Addison commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

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Reonomy operates the most comprehensive database for Addison Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Addison commercial real estate professionals. Members from Addison include brokers, investors and service providers, many of whom specialize in Addison Commercial Real Estate.

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Addison commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Addison is $276,050. Commercial real estate sale prices in Addison have a median of $700,000. The last 24 months of sales history has seen 168 sales, with 151 sales greater than $250,000, 61 sales valued at over $1,000,000, and 3 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Addison over the last 24 months is $87.

Values and sold prices (last 24 months) United States Illinois Addison
Average price/sqft $1,538 $304 $140
Median price/sqft $101 $84 $87
Average sold price $1,201,584 $1,415,787 $1,421,704
Median sold price $191,427 $211,635 $700,000
Number of sales 2,891,857 95,668 168
Number of sales over $250k 1,222,622 43,826 151
Number of sales over $1m 320,149 14,043 61
Number of sales over $10m 48,310 2,163 3
Average total tax amount $6,485 $10,184 $28,231
Average assessed value $294,374 $60,421 $276,050
Average market value $346,168 $235,303 $821,636

Addison commercial real estate property averages

The average lot size of commercial real estate properties in Addison is 22,037 sf. This is 70% above the Illinois average.

Property averages United States Illinois Addison
Average lot size 837,111 sf 461,569 sf 65,192 sf
Median lot size 25,605 sf 10,513 sf 22,037 sf
Average building area 1,314 sf 223 sf 103 sf
Median building area 60 sf 61 sf 70 sf
Median year built 1964 1938 1969
Average number of units 21 13 6
Median number of units 2 3 4

Addison commercial real estate total supply

There are 2,144 commercial real estate properties in Addison. This is 199% below the Illinois average. The total acerage is 2,550 acres and the aggregate building area for commercial real estate properties in Addison is 86,510 sf.

Supply United States Illinois Addison
Number of parcels 51,649,673 2,067,412 2,144
Aggregate lot acerage 684,462,807 10,870,516 2,550
Aggregate building area 7,014,575,784 sf 41,381,131 sf 86,510 sf
Aggregate units 92,538,330 3,124,550 3,071

Addison commercial real estate industrial mortgages

There are 3,851 mortgages for commercial real estate properties across Addison in the Reonomy database. The average value of those mortgages is $9,554,801. This is 10% below the Illinois average.

Debt United States Illinois Addison
Number of mortgages 16,071,277 1,250,780 3,851
Average value of mortgages $8,736,143 $10,627,637 $9,554,801

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