Commercial real estate in Lake County

Search commercial real estate records in Lake County 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 Lake County 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 Lake County 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 Lake County commercial real estate professionals. Members from Lake County include brokers, investors and service providers, many of whom specialize in Lake County Commercial Real Estate.

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Lake County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Lake County is $115,938. Commercial real estate sale prices in Lake County have a median of $196,430. The last 24 months of sales history has seen 4,095 sales, with 1,787 sales greater than $250,000, 700 sales valued at over $1,000,000, and 101 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Lake County over the last 24 months is $55.

Values and sold prices (last 24 months) United States Illinois Lake County
Average price/sqft $1,504 $306 $223
Median price/sqft $101 $84 $55
Average sold price $1,208,179 $1,434,570 $1,373,381
Median sold price $192,594 $213,730 $196,430
Number of sales 2,773,382 91,544 4,095
Number of sales over $250k 1,175,770 42,161 1,787
Number of sales over $1m 307,158 13,551 700
Number of sales over $10m 46,620 2,120 101
Average total tax amount $6,485 $10,185 $12,569
Average assessed value $294,400 $60,424 $115,938
Average market value $346,195 $235,306 $347,801

Lake County commercial real estate property averages

The average lot size of commercial real estate properties in Lake County is 11,025 sf. This is 4% above the Illinois average.

Property averages United States Illinois Lake County
Average lot size 837,155 sf 461,611 sf 89,188 sf
Median lot size 25,565 sf 10,521 sf 11,025 sf
Average building area 1,314 sf 223 sf 419 sf
Median building area 60 sf 61 sf 52 sf
Median year built 1964 1938 1930
Average number of units 21 13 35
Median number of units 2 3 8

Lake County commercial real estate total supply

There are 68,005 commercial real estate properties in Lake County. This is 187% below the Illinois average. The total acerage is 81,527 acres and the aggregate building area for commercial real estate properties in Lake County is 1,007,756 sf.

Supply United States Illinois Lake County
Number of parcels 51,649,673 2,067,412 68,005
Aggregate lot acerage 684,407,114 10,870,064 81,527
Aggregate building area 7,014,561,037 sf 41,380,742 sf 1,007,756 sf
Aggregate units 92,534,440 3,124,180 125,786

Lake County commercial real estate industrial mortgages

There are 48,913 mortgages for commercial real estate properties across Lake County in the Reonomy database. The average value of those mortgages is $19,267,051. This is 57% above the Illinois average.

Debt United States Illinois Lake County
Number of mortgages 16,070,158 1,250,606 48,913
Average value of mortgages $8,736,614 $10,629,103 $19,267,051

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