Commercial real estate in Lee County

Search commercial real estate records in Lee 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 Lee 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 Lee 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 Lee County commercial real estate professionals. Members from Lee County include brokers, investors and service providers, many of whom specialize in Lee County Commercial Real Estate.

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Lee County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Lee County is $20,362. Commercial real estate sale prices in Lee County have a median of $8,198. The last 24 months of sales history has seen 1,051 sales, with 124 sales greater than $250,000, 47 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Lee County over the last 24 months is $53.

Values and sold prices (last 24 months) United States Illinois Lee County
Average price/sqft $1,559 $316 $88
Median price/sqft $101 $84 $53
Average sold price $1,209,610 $1,403,876 $214,805
Median sold price $188,641 $207,388 $8,198
Number of sales 3,146,209 104,314 1,051
Number of sales over $250k 1,319,008 47,376 124
Number of sales over $1m 345,469 15,098 47
Number of sales over $10m 51,987 2,340 --
Average total tax amount $6,485 $10,183 $1,700
Average assessed value $294,375 $60,411 $20,362
Average market value $346,167 $235,284 $26,868

Lee County commercial real estate property averages

The average lot size of commercial real estate properties in Lee County is 9,291 sf. This is 12% below the Illinois average.

Property averages United States Illinois Lee County
Average lot size 837,012 sf 461,493 sf 953,072 sf
Median lot size 25,530 sf 10,511 sf 9,291 sf
Average building area 1,313 sf 223 sf 130 sf
Median building area 60 sf 61 sf 64 sf
Median year built 1964 1938 1940
Average number of units 21 13 24
Median number of units 2 3 6

Lee County commercial real estate total supply

There are 17,823 commercial real estate properties in Lee County. This is 196% below the Illinois average. The total acerage is 191,292 acres and the aggregate building area for commercial real estate properties in Lee County is 54,087 sf.

Supply United States Illinois Lee County
Number of parcels 51,649,673 2,067,412 17,823
Aggregate lot acerage 684,569,644 10,871,591 191,292
Aggregate building area 7,014,598,577 sf 41,382,301 sf 54,087 sf
Aggregate units 92,559,439 3,125,192 1,660

Lee County commercial real estate industrial mortgages

There are 2,220 mortgages for commercial real estate properties across Lee County in the Reonomy database. The average value of those mortgages is $16,927,603. This is 45% above the Illinois average.

Debt United States Illinois Lee County
Number of mortgages 16,073,514 1,251,030 2,220
Average value of mortgages $8,736,190 $10,628,419 $16,927,603

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