Office space in Illinois

Search office space 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 Office Space 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 Office Space.

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Illinois office space sold prices and values

The average assessed value of office spaces in Illinois is $170,009. Office space sale prices in Illinois have a median of $243,333. The last 24 months of sales history has seen 971 sales, with 483 sales greater than $250,000, 207 sales valued at over $1,000,000, and 32 sales valued at over $10,000,000. The average price per square foot of office spaces in Illinois over the last 24 months is $81.

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $2,281 $230
Median price/sqft $110 $81
Average sold price $3,853,072 $1,532,524
Median sold price $359,419 $243,333
Number of sales 76,559 971
Number of sales over $250k 46,417 483
Number of sales over $1m 20,156 207
Number of sales over $10m 4,122 32
Average total tax amount $34,047 $21,033
Average assessed value $1,513,926 $170,009
Average market value $1,756,679 $540,237

Illinois office space property averages

The average lot size of office spaces in Illinois is 17,160 sf. This is 0% below the United States average. The average building area is 89 sf and the median year built is 1985.

Property averages United States Illinois
Average lot size 492,161 sf 54,531 sf
Median lot size 17,160 sf 17,160 sf
Average building area 1,115 sf 309 sf
Median building area 85 sf 89 sf
Median year built 1983 1985
Average number of units 30 24
Median number of units 4 7

Illinois office space total supply

There are 12,409 office spaces in Illinois. This is 194% below the United States average. The total acerage is 9,561 acres and the aggregate building area for office spaces in Illinois is 1,229,222 sf.

Supply United States Illinois
Number of parcels 915,737 12,409
Aggregate lot acerage 9,306,164 9,561
Aggregate building area 490,753,167 sf 1,229,222 sf
Aggregate units 9,737,403 69,582

Illinois office space industrial mortgages

There are 19,346 mortgages for office spaces across Illinois in the Reonomy database. The average value of those mortgages is $6,759,697. This is 15% below the United States average.

Debt United States Illinois
Number of mortgages 1,482,848 19,346
Average value of mortgages $7,882,036 $6,759,697

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