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.

Popular searches around Lake County

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.

To access full information start a free trial

Lake County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Lake County is $126,233. Commercial real estate sale prices in Lake County have a median of $238,926. The last 24 months of sales history has seen 4,821 sales, with 2,344 sales greater than $250,000, 832 sales valued at over $1,000,000, and 112 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 $113.

Values and sold prices (last 24 months) United States Illinois Lake County
Average price/sqft $1,286 $356 $158
Median price/sqft $117 $107 $113
Average sold price $1,118,542 $1,418,365 $1,413,918
Median sold price $196,083 $188,227 $238,926
Number of sales 3,934,359 146,307 4,821
Number of sales over $250k 1,663,881 60,315 2,344
Number of sales over $1m 387,932 16,950 832
Number of sales over $10m 55,602 2,896 112
Average total tax amount $9,232 $8,890 $11,883
Average assessed value $312,101 $64,559 $126,233
Average market value $400,634 $267,794 $378,218

Lake County commercial real estate property averages

The average lot size of commercial real estate properties in Lake County is 11,072 sf. This is 5% above the Illinois average.

Property averages United States Illinois Lake County
Average lot size 816,803 sf 381,834 sf 95,187 sf
Median lot size 24,448 sf 10,487 sf 11,072 sf
Average building area 1,134 sf 201 sf 363 sf
Median building area 76 sf 82 sf 80 sf
Median year built 1970 1959 1954
Average number of units 16 9 16
Median number of units 2 2 5

Lake County commercial real estate total supply

There are 69,567 commercial real estate properties in Lake County. This is 189% below the Illinois average. The total acerage is 92,812 acres and the aggregate building area for commercial real estate properties in Lake County is 1,399,091 sf.

Supply United States Illinois Lake County
Number of parcels 58,091,739 2,479,916 69,567
Aggregate lot acerage 976,485,427 12,124,242 92,812
Aggregate building area 8,209,502,265 sf 61,432,362 sf 1,399,091 sf
Aggregate units 88,640,560 2,401,112 62,430

Lake County commercial real estate industrial mortgages

There are 86,800 mortgages for commercial real estate properties across Lake County in the Reonomy database. The average value of those mortgages is $13,145,089. This is 80% above the Illinois average.

Debt United States Illinois Lake County
Number of mortgages 40,876,180 3,255,671 86,800
Average value of mortgages $5,210,547 $5,600,375 $13,145,089

To access full information start a free trial