Office Spaces in Illinois | Reonomy

Office Spaces in Illinois

Unlock property data on all 11,720 office spaces in Illinois. Search across 100 counties to find the Illinois property records you need, and get in touch with Office Space owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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Popular searches around Illinois

Reonomy attracts a large community of Illinois commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in office spaces.

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Illinois office space sold prices and values

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $2,016 $11,324
Average sold price $3,985,786 $1,662,686
Median sold price $355,154 $224,812
Number of sales 62,753 682
Number of sales over $250k 37,768 327
Number of sales over $1m 16,308 141
Number of sales over $10m 3,263 24
Average total tax amount $34,488 $23,091
Average assessed value $1,570,499 $199,750
Average market value $1,958,595 $628,328

Illinois office space property averages

Property averages United States Illinois
Average lot size 483,672 sf 55,699 sf
Median lot size 17,225 sf 17,080 sf
Average building area 1,097 sf 279 sf
Median building area 85 sf 83 sf
Median year built 1983 1983
Average number of units 32 24
Median number of units 4 6

Illinois office space total supply

Supply United States Illinois
Number of parcels 925,569 11,786
Aggregate lot acerage 9,210,533 9,353
Aggregate building area 492,218,943 sf 933,685 sf
Aggregate units 10,278,587 58,066

Illinois office space industrial mortgages

Debt United States Illinois
Number of mortgages 1,530,172 17,477
Average value of mortgages $7,880,631 $6,964,680

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