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.

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 $277,547. Industrial property sale prices in Illinois have a median of $896,942. The last 24 months of sales history has seen 4,455 sales, with 3,467 sales greater than $250,000, 2,102 sales valued at over $1,000,000, and 380 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 $4,287 $199
Median price/sqft $61 $64
Average sold price $2,957,180 $3,832,028
Median sold price $482,349 $896,942
Number of sales 71,001 4,455
Number of sales over $250k 45,823 3,467
Number of sales over $1m 24,720 2,102
Number of sales over $10m 4,025 380
Average total tax amount $23,342 $39,533
Average assessed value $970,151 $277,547
Average market value $822,884 $896,631

Illinois industrial property property averages

The average lot size of industrial properties in Illinois is 36,817 sf. This is 20% below the United States average. The average building area is 43 sf and the median year built is 1975.

Property averages United States Illinois
Average lot size 376,163 sf 190,217 sf
Median lot size 45,080 sf 36,817 sf
Average building area 2,959 sf 284 sf
Median building area 34 sf 43 sf
Median year built 1980 1975
Average number of units 9 10
Median number of units -- 2

Illinois industrial property total supply

There are 65,297 industrial properties in Illinois. This is 178% below the United States average. The total acerage is 180,064 acres and the aggregate building area for industrial properties in Illinois is 3,188,069 sf.

Supply United States Illinois
Number of parcels 1,156,687 65,297
Aggregate lot acerage 11,296,873 180,064
Aggregate building area 1,076,928,782 sf 3,188,069 sf
Aggregate units 1,573,767 23,667

Illinois industrial property industrial mortgages

There are 114,383 mortgages for industrial properties across Illinois in the Reonomy database. The average value of those mortgages is $27,292,353. This is 59% above the United States average.

Debt United States Illinois
Number of mortgages 1,425,483 114,383
Average value of mortgages $14,781,658 $27,292,353

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