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 $25,201. Commercial real estate sale prices in Lee County have a median of $8,000. The last 24 months of sales history has seen 922 sales, with 97 sales greater than $250,000, 37 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 $55.

Values and sold prices (last 24 months) United States Illinois Lee County
Average price/sqft $1,465 $294 $105
Median price/sqft $104 $83 $55
Average sold price $1,204,236 $1,404,742 $127,203
Median sold price $194,900 $201,995 $8,000
Number of sales 2,653,092 89,350 922
Number of sales over $250k 1,126,689 40,010 97
Number of sales over $1m 295,408 12,551 37
Number of sales over $10m 45,235 1,934 --
Average total tax amount $6,928 $10,467 $2,054
Average assessed value $302,405 $62,156 $25,201
Average market value $343,743 $236,121 $38,435

Lee County commercial real estate property averages

The average lot size of commercial real estate properties in Lee County is 16,662 sf. This is 33% above the Illinois average.

Property averages United States Illinois Lee County
Average lot size 891,660 sf 499,931 sf 1,036,003 sf
Median lot size 27,610 sf 11,841 sf 16,662 sf
Average building area 1,923 sf 232 sf 153 sf
Median building area 61 sf 58 sf 74 sf
Median year built 1964 1937 1940
Average number of units 20 13 29
Median number of units 2 3 7

Lee County commercial real estate total supply

There are 17,635 commercial real estate properties in Lee County. This is 196% below the Illinois average. The total acerage is 217,689 acres and the aggregate building area for commercial real estate properties in Lee County is 35,068 sf.

Supply United States Illinois Lee County
Number of parcels 50,760,245 2,042,472 17,635
Aggregate lot acerage 660,823,342 11,488,576 217,689
Aggregate building area 6,970,934,095 sf 25,015,670 sf 35,068 sf
Aggregate units 93,034,235 3,242,684 2,356

Lee County commercial real estate industrial mortgages

There are 5,613 mortgages for commercial real estate properties across Lee County in the Reonomy database. The average value of those mortgages is $24,835,911. This is 93% above the Illinois average.

Debt United States Illinois Lee County
Number of mortgages 30,251,145 2,189,384 5,613
Average value of mortgages $6,488,333 $8,980,893 $24,835,911

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