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.

To access full information start a free trial

Illinois office space sold prices and values

The average assessed value of office spaces in Illinois is $177,561. Office space sale prices in Illinois have a median of $425,000. The last 24 months of sales history has seen 9 sales, with 6 sales greater than $250,000, 4 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of office spaces in Illinois over the last 24 months is $209.

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $303 $191
Median price/sqft $132 $209
Average sold price $1,312,022 $1,288,509
Median sold price $258,446 $425,000
Number of sales 2,939 9
Number of sales over $250k 1,512 6
Number of sales over $1m 416 4
Number of sales over $10m 57 --
Average total tax amount $20,532 $36,925
Average assessed value $635,554 $177,561
Average market value $674,727 $76,691

Illinois office space property averages

The average lot size of office spaces in Illinois is 16,335 sf. This is 41% below the United States average. The average building area is 89 sf and the median year built is 1973.

Property averages United States Illinois
Average lot size 343,172 sf 45,226 sf
Median lot size 24,917 sf 16,335 sf
Average building area 441 sf 160 sf
Median building area 101 sf 89 sf
Median year built 1986 1973
Average number of units 53 113
Median number of units 10 26

Illinois office space total supply

There are 412 office spaces in Illinois. This is 197% below the United States average. The total acerage is 80 acres and the aggregate building area for office spaces in Illinois is 11,100 sf.

Supply United States Illinois
Number of parcels 77,859 412
Aggregate lot acerage 473,688 80
Aggregate building area 11,043,096 sf 11,100 sf
Aggregate units 848,825 11,327

Illinois office space industrial mortgages

There are 61 mortgages for office spaces across Illinois in the Reonomy database. The average value of those mortgages is $13,958,476. This is 158% above the United States average.

Debt United States Illinois
Number of mortgages 9,637 61
Average value of mortgages $1,595,184 $13,958,476

To access full information start a free trial