Commercial real estate in Will County

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

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Will County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Will County is $89,150. Commercial real estate sale prices in Will County have a median of $238,570. The last 24 months of sales history has seen 21,099 sales, with 9,931 sales greater than $250,000, 1,292 sales valued at over $1,000,000, and 104 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Will County over the last 24 months is $123.

Values and sold prices (last 24 months) United States Illinois Will County
Average price/sqft $1,286 $356 $143
Median price/sqft $117 $107 $123
Average sold price $1,118,542 $1,418,365 $596,757
Median sold price $196,083 $188,227 $238,570
Number of sales 3,934,359 146,307 21,099
Number of sales over $250k 1,663,881 60,315 9,931
Number of sales over $1m 387,932 16,950 1,292
Number of sales over $10m 55,602 2,896 104
Average total tax amount $9,232 $8,890 $7,691
Average assessed value $312,101 $64,559 $89,150
Average market value $400,634 $267,794 $267,366

Will County commercial real estate property averages

The average lot size of commercial real estate properties in Will County is 10,706 sf. This is 2% above the Illinois average.

Property averages United States Illinois Will County
Average lot size 816,803 sf 381,834 sf 134,867 sf
Median lot size 24,448 sf 10,487 sf 10,706 sf
Average building area 1,134 sf 201 sf 117 sf
Median building area 76 sf 82 sf 103 sf
Median year built 1970 1959 1995
Average number of units 16 9 14
Median number of units 2 2 4

Will County commercial real estate total supply

There are 216,477 commercial real estate properties in Will County. This is 167% below the Illinois average. The total acerage is 594,174 acres and the aggregate building area for commercial real estate properties in Will County is 10,434,833 sf.

Supply United States Illinois Will County
Number of parcels 58,091,739 2,479,916 216,477
Aggregate lot acerage 976,485,427 12,124,242 594,174
Aggregate building area 8,209,502,265 sf 61,432,362 sf 10,434,833 sf
Aggregate units 88,640,560 2,401,112 16,762

Will County commercial real estate industrial mortgages

There are 847,366 mortgages for commercial real estate properties across Will County in the Reonomy database. The average value of those mortgages is $1,803,791. This is 102% below the Illinois average.

Debt United States Illinois Will County
Number of mortgages 40,876,180 3,255,671 847,366
Average value of mortgages $5,210,547 $5,600,375 $1,803,791

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