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 $21,401. Commercial real estate sale prices in Lee County have a median of $17,225. The last 24 months of sales history has seen 1,435 sales, with 156 sales greater than $250,000, 66 sales valued at over $1,000,000, and 6 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 $1,215 $332 $110
Median price/sqft $115 $105 $53
Average sold price $1,156,242 $1,426,629 $243,685
Median sold price $191,000 $185,831 $17,225
Number of sales 3,805,208 146,778 1,435
Number of sales over $250k 1,584,738 59,999 156
Number of sales over $1m 382,812 16,894 66
Number of sales over $10m 56,911 2,875 6
Average total tax amount $5,892 $8,805 $1,787
Average assessed value $278,687 $59,893 $21,401
Average market value $332,172 $226,019 $34,875

Lee County commercial real estate property averages

The average lot size of commercial real estate properties in Lee County is 10,120 sf. This is 2% below the Illinois average.

Property averages United States Illinois Lee County
Average lot size 821,310 sf 378,992 sf 807,277 sf
Median lot size 24,668 sf 10,358 sf 10,120 sf
Average building area 1,166 sf 194 sf 107 sf
Median building area 72 sf 81 sf 47 sf
Median year built 1970 1959 1926
Average number of units 16 8 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 195,314 acres and the aggregate building area for commercial real estate properties in Lee County is 160,557 sf.

Supply United States Illinois Lee County
Number of parcels 57,100,258 2,454,203 19,491
Aggregate lot acerage 889,406,266 11,745,112 195,314
Aggregate building area 7,952,434,425 sf 57,697,010 sf 160,557 sf
Aggregate units 87,639,781 2,031,186 1,228

Lee County commercial real estate industrial mortgages

There are 6,448 mortgages for commercial real estate properties across Lee County in the Reonomy database. The average value of those mortgages is $10,169,747. This is 59% above the Illinois average.

Debt United States Illinois Lee County
Number of mortgages 38,063,329 3,160,512 6,448
Average value of mortgages $5,250,500 $5,523,250 $10,169,747

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