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 $113,817. Commercial real estate sale prices in Lake County have a median of $233,132. The last 24 months of sales history has seen 4,882 sales, with 2,339 sales greater than $250,000, 802 sales valued at over $1,000,000, and 123 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 $98.

Values and sold prices (last 24 months) United States Illinois Lake County
Average price/sqft $1,344 $337 $184
Median price/sqft $115 $105 $98
Average sold price $1,162,392 $1,465,749 $1,506,408
Median sold price $191,998 $188,008 $233,132
Number of sales 3,863,764 147,370 4,882
Number of sales over $250k 1,613,612 60,718 2,339
Number of sales over $1m 389,810 17,254 802
Number of sales over $10m 58,005 2,929 123
Average total tax amount $5,906 $9,160 $12,353
Average assessed value $273,998 $60,168 $113,817
Average market value $321,055 $228,563 $341,302

Lake County commercial real estate property averages

The average lot size of commercial real estate properties in Lake County is 11,118 sf. This is 6% above the Illinois average.

Property averages United States Illinois Lake County
Average lot size 819,071 sf 379,880 sf 95,964 sf
Median lot size 24,648 sf 10,377 sf 11,118 sf
Average building area 1,164 sf 199 sf 337 sf
Median building area 73 sf 81 sf 74 sf
Median year built 1970 1959 1948
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 92,210 acres and the aggregate building area for commercial real estate properties in Lake County is 1,157,538 sf.

Supply United States Illinois Lake County
Number of parcels 57,284,908 2,456,675 68,680
Aggregate lot acerage 882,572,415 11,802,739 92,210
Aggregate building area 8,038,749,161 sf 59,150,531 sf 1,157,538 sf
Aggregate units 87,803,046 2,383,327 61,754

Lake County commercial real estate industrial mortgages

There are 85,001 mortgages for commercial real estate properties across Lake County in the Reonomy database. The average value of those mortgages is $13,148,008. This is 81% above the Illinois average.

Debt United States Illinois Lake County
Number of mortgages 38,333,456 3,175,187 85,001
Average value of mortgages $5,270,760 $5,560,752 $13,148,008

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