Commercial Real Estate in Albion | Reonomy

Commercial Real Estate in Albion

Unlock property data on 2,382 commercial properties in Albion. Search through Albion property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Albion 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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Albion commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Illinois Albion
Average price/sqft $909 $3,428 --
Average sold price $1,037,796 $1,418,791 $106,646
Median sold price $196,968 $181,265 $82,500
Number of sales 3,594,235 136,420 58
Number of sales over $250k 1,522,457 54,788 2
Number of sales over $1m 344,082 15,141 --
Number of sales over $10m 46,755 2,682 --
Average total tax amount $7,065 $7,939 $872
Average assessed value $252,208 $57,938 $13,404
Average market value $356,366 $217,474 $26,209

Albion commercial real estate property averages

Property averages United States Illinois Albion
Average lot size 816,546 sf 381,886 sf 933,657 sf
Median lot size 24,481 sf 10,509 sf 608,388 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 --

Albion commercial real estate total supply

Supply United States Illinois Albion
Number of parcels 58,466,290 2,499,228 2,389
Aggregate lot acerage 1,006,250,046 12,454,281 9,688
Aggregate building area 8,055,341,670 sf 64,661,378 sf --
Aggregate units 90,014,181 2,445,204 --

Albion commercial real estate industrial mortgages

Debt United States Illinois Albion
Number of mortgages 41,925,990 3,333,165 52
Average value of mortgages $5,197,811 $5,542,210 $244,563

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