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 $21,396. Commercial real estate sale prices in Lee County have a median of $18,931. The last 24 months of sales history has seen 1,412 sales, with 164 sales greater than $250,000, 68 sales valued at over $1,000,000, and 9 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 $1,378 $371 $120
Median price/sqft $115 $105 $55
Average sold price $1,165,701 $1,497,289 $274,692
Median sold price $191,561 $189,102 $18,931
Number of sales 3,792,555 143,847 1,412
Number of sales over $250k 1,582,899 59,479 164
Number of sales over $1m 382,306 16,993 68
Number of sales over $10m 56,895 2,989 9
Average total tax amount $5,903 $9,164 $1,786
Average assessed value $273,877 $60,159 $21,396
Average market value $321,125 $231,213 $34,815

Lee County commercial real estate property averages

The average lot size of commercial real estate properties in Lee County is 10,186 sf. This is 2% below the Illinois average.

Property averages United States Illinois Lee County
Average lot size 819,019 sf 379,309 sf 808,523 sf
Median lot size 24,622 sf 10,411 sf 10,186 sf
Average building area 1,154 sf 202 sf 109 sf
Median building area 73 sf 81 sf 48 sf
Median year built 1970 1959 1926
Average number of units 16 9 18
Median number of units 2 2 5

Lee County commercial real estate total supply

There are 19,491 commercial real estate properties in Lee County. This is 196% below the Illinois average. The total acerage is 196,655 acres and the aggregate building area for commercial real estate properties in Lee County is 164,653 sf.

Supply United States Illinois Lee County
Number of parcels 57,284,908 2,456,675 19,491
Aggregate lot acerage 883,436,475 11,834,616 196,655
Aggregate building area 8,000,122,782 sf 60,425,980 sf 164,653 sf
Aggregate units 87,884,588 2,394,477 1,228

Lee County commercial real estate industrial mortgages

There are 6,546 mortgages for commercial real estate properties across Lee County in the Reonomy database. The average value of those mortgages is $10,064,197. This is 57% above the Illinois average.

Debt United States Illinois Lee County
Number of mortgages 38,424,379 3,177,360 6,546
Average value of mortgages $5,273,980 $5,584,429 $10,064,197

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