Commercial real estate in Fayette County

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Fayette County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Fayette County is $17,420.

Values and sold prices (last 24 months) United States Illinois Fayette County
Average price/sqft $1,383 $330 --
Median price/sqft $117 $106 --
Average sold price $1,121,868 $1,480,943 --
Median sold price $194,935 $191,457 --
Number of sales 3,907,581 145,503 --
Number of sales over $250k 1,646,046 60,606 --
Number of sales over $1m 386,972 16,936 --
Number of sales over $10m 55,955 2,877 --
Average total tax amount $5,932 $8,873 $1,239
Average assessed value $307,066 $64,084 $17,420
Average market value $388,214 $268,851 $48,084

Fayette County commercial real estate property averages

The average lot size of commercial real estate properties in Fayette County is 78,284 sf. This is 152% above the Illinois average.

Property averages United States Illinois Fayette County
Average lot size 816,882 sf 381,312 sf 696,132 sf
Median lot size 24,485 sf 10,462 sf 78,284 sf
Average building area 1,138 sf 196 sf 75 sf
Median building area 75 sf 82 sf 35 sf
Median year built 1970 1959 1943
Average number of units 16 9 13
Median number of units 2 2 4

Fayette County commercial real estate total supply

There are 21,515 commercial real estate properties in Fayette County. This is 196% below the Illinois average. The total acerage is 133,711 acres and the aggregate building area for commercial real estate properties in Fayette County is 7,998 sf.

Supply United States Illinois Fayette County
Number of parcels 57,794,383 2,470,213 21,515
Aggregate lot acerage 958,750,430 12,021,724 133,711
Aggregate building area 8,137,456,057 sf 58,744,045 sf 7,998 sf
Aggregate units 87,699,574 2,400,330 247

Fayette County commercial real estate industrial mortgages

Debt United States Illinois Fayette County
Number of mortgages 40,416,832 3,225,080 --
Average value of mortgages $5,210,150 $5,601,128 --

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