Commercial Real Estate in Lake County | Reonomy

Commercial Real Estate in Lake County

Unlock property data on 68,518 commercial properties in Lake County. Search through Lake County property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Lake County commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Lake County commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Illinois Lake County
Average price/sqft $908 $4,677 $11,488
Average sold price $1,082,211 $1,401,939 $1,551,695
Median sold price $198,569 $181,948 $245,077
Number of sales 2,792,236 105,234 3,232
Number of sales over $250k 1,189,680 42,241 1,596
Number of sales over $1m 269,060 11,527 555
Number of sales over $10m 36,917 2,141 80
Average total tax amount $7,139 $7,746 $10,865
Average assessed value $251,540 $56,495 $112,339
Average market value $356,178 $212,940 $331,750

Lake County commercial real estate property averages

Property averages United States Illinois Lake County
Average lot size -- 382,015 sf 95,891 sf
Median lot size -- 10,514 sf 11,063 sf
Average building area -- 209 sf 364 sf
Median building area -- 83 sf 81 sf
Median year built -- 1959 1954
Average number of units -- 10 16
Median number of units -- 2 5

Lake County commercial real estate total supply

Supply United States Illinois Lake County
Number of parcels 58,466,290 2,499,228 69,567
Aggregate lot acerage -- 12,452,159 93,879
Aggregate building area -- 64,658,549 sf 1,401,193 sf
Aggregate units -- 2,444,013 62,601

Lake County commercial real estate industrial mortgages

Debt United States Illinois Lake County
Number of mortgages -- 3,332,328 87,927
Average value of mortgages -- $5,540,464 $13,110,516

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