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 $115,987. Commercial real estate sale prices in Lake County have a median of $192,503. The last 24 months of sales history has seen 4,276 sales, with 1,833 sales greater than $250,000, 756 sales valued at over $1,000,000, and 130 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 $61.

Values and sold prices (last 24 months) United States Illinois Lake County
Average price/sqft $1,569 $298 $206
Median price/sqft $101 $84 $61
Average sold price $1,215,213 $1,460,186 $1,553,053
Median sold price $186,304 $207,182 $192,503
Number of sales 2,886,754 96,955 4,276
Number of sales over $250k 1,202,594 44,025 1,833
Number of sales over $1m 323,569 14,281 756
Number of sales over $10m 49,909 2,212 130
Average total tax amount $6,520 $10,268 $12,620
Average assessed value $288,098 $59,426 $115,987
Average market value $329,971 $231,445 $347,944

Lake County commercial real estate property averages

The average lot size of commercial real estate properties in Lake County is 11,023 sf. This is 5% above the Illinois average.

Property averages United States Illinois Lake County
Average lot size 841,144 sf 460,207 sf 89,065 sf
Median lot size 25,552 sf 10,429 sf 11,023 sf
Average building area 1,521 sf 214 sf 421 sf
Median building area 59 sf 60 sf 52 sf
Median year built 1964 1936 1929
Average number of units 20 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 80,997 acres and the aggregate building area for commercial real estate properties in Lake County is 1,012,311 sf.

Supply United States Illinois Lake County
Number of parcels 51,092,560 2,048,837 68,005
Aggregate lot acerage 616,568,166 10,681,860 80,997
Aggregate building area 7,966,355,086 sf 39,417,216 sf 1,012,311 sf
Aggregate units 90,620,061 3,121,244 125,333

Lake County commercial real estate industrial mortgages

There are 48,487 mortgages for commercial real estate properties across Lake County in the Reonomy database. The average value of those mortgages is $19,343,701. This is 58% above the Illinois average.

Debt United States Illinois Lake County
Number of mortgages 15,805,722 1,240,902 48,487
Average value of mortgages $8,744,434 $10,611,418 $19,343,701

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