Commercial Real Estate in Shelby County

Unlock property data on 16,475 commercial properties in Shelby County. Search through Shelby County property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Popular searches around Shelby County

Reonomy attracts a large community of Shelby County commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Shelby County commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Illinois Shelby County
Average price/sqft $1,075 $402 $82
Median price/sqft $120 $108 $56
Average sold price $1,044,280 $1,385,081 $419,603
Median sold price $197,180 $181,522 $78,000
Number of sales 3,896,619 149,248 791
Number of sales over $250k 1,652,112 60,061 145
Number of sales over $1m 376,992 16,671 11
Number of sales over $10m 51,617 2,927 2
Average total tax amount $9,270 $8,829 $1,621
Average assessed value $316,887 $64,428 $21,737
Average market value $436,999 $244,786 $51,815

Shelby County commercial real estate property averages

Property averages United States Illinois Shelby County
Average lot size 816,557 sf 381,843 sf 1,271,346 sf
Median lot size 24,453 sf 10,508 sf 391,104 sf
Average building area 1,077 sf 209 sf 80 sf
Median building area 77 sf 83 sf 54 sf
Median year built 1970 1959 1959
Average number of units 16 10 4
Median number of units 2 2 2

Shelby County commercial real estate total supply

Supply United States Illinois Shelby County
Number of parcels 58,466,290 2,499,228 16,828
Aggregate lot acerage 1,006,458,749 12,455,287 123,135
Aggregate building area 8,055,392,605 sf 64,662,825 sf 77,279 sf
Aggregate units 90,029,797 2,445,450 21

Shelby County commercial real estate industrial mortgages

Debt United States Illinois Shelby County
Number of mortgages 41,928,927 3,333,558 2,371
Average value of mortgages $5,197,766 $5,541,759 $8,794,818

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