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 $124,736. Commercial real estate sale prices in Lake County have a median of $230,590. The last 24 months of sales history has seen 4,885 sales, with 2,315 sales greater than $250,000, 813 sales valued at over $1,000,000, and 114 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 $97.

Values and sold prices (last 24 months) United States Illinois Lake County
Average price/sqft $1,414 $334 $161
Median price/sqft $116 $105 $97
Average sold price $1,182,492 $1,491,347 $1,400,450
Median sold price $193,952 $190,508 $230,590
Number of sales 3,924,050 146,542 4,885
Number of sales over $250k 1,648,089 60,841 2,315
Number of sales over $1m 393,899 17,168 813
Number of sales over $10m 59,129 2,978 114
Average total tax amount $6,007 $8,907 $12,004
Average assessed value $308,479 $63,969 $124,736
Average market value $389,707 $270,911 $357,765

Lake County commercial real estate property averages

The average lot size of commercial real estate properties in Lake County is 11,143 sf. This is 6% above the Illinois average.

Property averages United States Illinois Lake County
Average lot size 818,720 sf 380,610 sf 95,895 sf
Median lot size 24,562 sf 10,435 sf 11,143 sf
Average building area 1,166 sf 199 sf 601 sf
Median building area 74 sf 81 sf 74 sf
Median year built 1970 1959 1949
Average number of units 16 9 16
Median number of units 2 2 5

Lake County commercial real estate total supply

There are 68,680 commercial real estate properties in Lake County. This is 189% below the Illinois average. The total acerage is 92,496 acres and the aggregate building area for commercial real estate properties in Lake County is 2,076,672 sf.

Supply United States Illinois Lake County
Number of parcels 57,574,886 2,461,424 68,680
Aggregate lot acerage 900,770,598 11,918,524 92,496
Aggregate building area 8,205,691,017 sf 59,417,795 sf 2,076,672 sf
Aggregate units 87,745,593 2,397,356 62,112

Lake County commercial real estate industrial mortgages

There are 85,577 mortgages for commercial real estate properties across Lake County in the Reonomy database. The average value of those mortgages is $13,190,812. This is 80% above the Illinois average.

Debt United States Illinois Lake County
Number of mortgages 39,848,711 3,198,854 85,577
Average value of mortgages $5,223,655 $5,615,429 $13,190,812

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