Industrial property in Illinois
Search industrial property records in Illinois 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 Illinois 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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1168 E Us Highway 6, Ottawa, IL 61350
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Utica, IL 61373
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Lori Ln, Mendota, IL 61342
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1833 Whitetail Ln, Pekin, IL 61554
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1365 N 2803rd Rd, Ottawa, IL 61350
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1037 W Howard St, Pontiac, IL 61764
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775 Logistics Dr, Belvidere, IL 61008
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1415 W Oak St, Fairbury, IL 61739
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3701 S Banker St, Effingham, IL 62401
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675 Corporate Pkwy, Belvidere, IL 61008
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Popular searches around Illinois
Reonomy operates the most comprehensive database for Illinois Industrial Property 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 Illinois commercial real estate professionals. Members from Illinois include brokers, investors and service providers, many of whom specialize in Illinois Industrial Property.
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Illinois industrial property sold prices and values
The average assessed value of industrial properties in Illinois is $282,896. Industrial property sale prices in Illinois have a median of $890,075. The last 24 months of sales history has seen 4,431 sales, with 3,435 sales greater than $250,000, 2,087 sales valued at over $1,000,000, and 391 sales valued at over $10,000,000. The average price per square foot of industrial properties in Illinois over the last 24 months is $64.
| Values and sold prices (last 24 months) | United States | Illinois |
|---|---|---|
| Average price/sqft | $5,283 | $341 |
| Median price/sqft | $62 | $64 |
| Average sold price | $3,082,240 | $3,891,251 |
| Median sold price | $491,225 | $890,075 |
| Number of sales | 73,323 | 4,431 |
| Number of sales over $250k | 47,363 | 3,435 |
| Number of sales over $1m | 25,758 | 2,087 |
| Number of sales over $10m | 4,214 | 391 |
| Average total tax amount | $23,579 | $39,229 |
| Average assessed value | $1,011,770 | $282,896 |
| Average market value | $1,055,511 | $913,821 |
Illinois industrial property property averages
The average lot size of industrial properties in Illinois is 36,873 sf. This is 19% below the United States average. The average building area is 44 sf and the median year built is 1975.
| Property averages | United States | Illinois |
|---|---|---|
| Average lot size | 378,668 sf | 189,942 sf |
| Median lot size | 44,940 sf | 36,873 sf |
| Average building area | 3,158 sf | 303 sf |
| Median building area | 35 sf | 44 sf |
| Median year built | 1980 | 1975 |
| Average number of units | 9 | 10 |
| Median number of units | -- | 2 |
Illinois industrial property total supply
There are 65,218 industrial properties in Illinois. This is 178% below the United States average. The total acerage is 180,649 acres and the aggregate building area for industrial properties in Illinois is 3,419,348 sf.
| Supply | United States | Illinois |
|---|---|---|
| Number of parcels | 1,167,243 | 65,218 |
| Aggregate lot acerage | 11,117,593 | 180,649 |
| Aggregate building area | 1,171,926,716 sf | 3,419,348 sf |
| Aggregate units | 1,561,005 | 23,819 |
Illinois industrial property industrial mortgages
There are 116,638 mortgages for industrial properties across Illinois in the Reonomy database. The average value of those mortgages is $28,109,243. This is 59% above the United States average.
| Debt | United States | Illinois |
|---|---|---|
| Number of mortgages | 1,488,802 | 116,638 |
| Average value of mortgages | $15,224,543 | $28,109,243 |
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