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 $115,938. Commercial real estate sale prices in Lake County have a median of $197,904. The last 24 months of sales history has seen 4,422 sales, with 1,943 sales greater than $250,000, 753 sales valued at over $1,000,000, and 117 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 $59.

Values and sold prices (last 24 months) United States Illinois Lake County
Average price/sqft $1,487 $297 $207
Median price/sqft $101 $84 $59
Average sold price $1,190,870 $1,418,859 $1,437,566
Median sold price $190,281 $210,327 $197,904
Number of sales 3,017,432 99,899 4,422
Number of sales over $250k 1,271,384 45,633 1,943
Number of sales over $1m 333,285 14,575 753
Number of sales over $10m 50,330 2,258 117
Average total tax amount $6,485 $10,184 $12,569
Average assessed value $294,387 $60,416 $115,938
Average market value $346,179 $235,292 $347,801

Lake County commercial real estate property averages

The average lot size of commercial real estate properties in Lake County is 11,015 sf. This is 4% above the Illinois average.

Property averages United States Illinois Lake County
Average lot size 837,082 sf 461,528 sf 89,188 sf
Median lot size 25,566 sf 10,491 sf 11,015 sf
Average building area 1,314 sf 223 sf 419 sf
Median building area 60 sf 61 sf 52 sf
Median year built 1964 1938 1930
Average number of units 21 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 81,527 acres and the aggregate building area for commercial real estate properties in Lake County is 1,007,756 sf.

Supply United States Illinois Lake County
Number of parcels 51,649,673 2,067,412 68,005
Aggregate lot acerage 684,529,598 10,870,900 81,527
Aggregate building area 7,014,589,675 sf 41,381,639 sf 1,007,756 sf
Aggregate units 92,545,583 3,124,779 125,786

Lake County commercial real estate industrial mortgages

There are 48,913 mortgages for commercial real estate properties across Lake County in the Reonomy database. The average value of those mortgages is $19,267,051. This is 57% above the Illinois average.

Debt United States Illinois Lake County
Number of mortgages 16,072,383 1,250,889 48,913
Average value of mortgages $8,736,236 $10,629,589 $19,267,051

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