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 $118,367. Commercial real estate sale prices in Lake County have a median of $192,495. The last 24 months of sales history has seen 3,392 sales, with 1,429 sales greater than $250,000, 579 sales valued at over $1,000,000, and 103 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 $54.

Values and sold prices (last 24 months) United States Illinois Lake County
Average price/sqft $1,705 $246 $243
Median price/sqft $102 $77 $54
Average sold price $1,142,916 $1,145,181 $1,567,116
Median sold price $184,799 $189,120 $192,495
Number of sales 2,575,118 94,315 3,392
Number of sales over $250k 1,062,401 40,833 1,429
Number of sales over $1m 274,215 12,819 579
Number of sales over $10m 41,633 1,984 103
Average total tax amount $6,270 $9,217 $13,419
Average assessed value $264,907 $60,916 $118,367
Average market value $262,016 $191,292 $354,237

Lake County commercial real estate property averages

The average lot size of commercial real estate properties in Lake County is 11,682 sf. This is 69% below the Illinois average.

Property averages United States Illinois Lake County
Average lot size 898,917 sf 686,342 sf 94,585 sf
Median lot size 30,119 sf 24,217 sf 11,682 sf
Average building area 1,798 sf 158 sf 223 sf
Median building area 59 sf 58 sf 45 sf
Median year built 1965 1947 1926
Average number of units 18 14 35
Median number of units 2 2 8

Lake County commercial real estate total supply

There are 64,080 commercial real estate properties in Lake County. This is 187% below the Illinois average. The total acerage is 85,304 acres and the aggregate building area for commercial real estate properties in Lake County is 281,239 sf.

Supply United States Illinois Lake County
Number of parcels 50,471,951 2,041,858 64,080
Aggregate lot acerage 585,729,504 11,176,193 85,304
Aggregate building area 7,434,859,242 sf 25,496,286 sf 281,239 sf
Aggregate units 72,446,861 2,543,258 130,341

Lake County commercial real estate industrial mortgages

There are 79,865 mortgages for commercial real estate properties across Lake County in the Reonomy database. The average value of those mortgages is $15,731,708. This is 54% above the Illinois average.

Debt United States Illinois Lake County
Number of mortgages 22,566,809 906,983 79,865
Average value of mortgages $5,859,845 $9,009,226 $15,731,708

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