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 $168,510. Office space sale prices in Illinois have a median of $244,139. The last 24 months of sales history has seen 978 sales, with 486 sales greater than $250,000, 216 sales valued at over $1,000,000, and 29 sales valued at over $10,000,000. The average price per square foot of office spaces in Illinois over the last 24 months is $82.

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $1,266 $217
Median price/sqft $111 $82
Average sold price $4,076,444 $1,486,941
Median sold price $361,911 $244,139
Number of sales 77,344 978
Number of sales over $250k 47,107 486
Number of sales over $1m 20,539 216
Number of sales over $10m 4,253 29
Average total tax amount $37,001 $21,015
Average assessed value $1,479,681 $168,510
Average market value $1,496,828 $534,918

Illinois office space property averages

The average lot size of office spaces in Illinois is 17,142 sf. This is 0% above the United States average. The average building area is 89 sf and the median year built is 1986.

Property averages United States Illinois
Average lot size 480,933 sf 53,599 sf
Median lot size 17,137 sf 17,142 sf
Average building area 953 sf 305 sf
Median building area 84 sf 89 sf
Median year built 1983 1986
Average number of units 28 24
Median number of units 4 7

Illinois office space total supply

There are 12,343 office spaces in Illinois. This is 194% below the United States average. The total acerage is 9,351 acres and the aggregate building area for office spaces in Illinois is 1,209,870 sf.

Supply United States Illinois
Number of parcels 917,404 12,343
Aggregate lot acerage 9,904,025 9,351
Aggregate building area 419,989,284 sf 1,209,870 sf
Aggregate units 9,063,371 68,645

Illinois office space industrial mortgages

There are 19,002 mortgages for office spaces across Illinois in the Reonomy database. The average value of those mortgages is $6,743,669. This is 17% below the United States average.

Debt United States Illinois
Number of mortgages 1,422,215 19,002
Average value of mortgages $8,014,921 $6,743,669

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