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 $2,111 $9,945
Average sold price $3,917,296 $1,700,820
Median sold price $356,131 $227,500
Number of sales 68,438 759
Number of sales over $250k 41,257 368
Number of sales over $1m 17,808 163
Number of sales over $10m 3,540 27
Average total tax amount $34,059 $23,120
Average assessed value $1,549,695 $196,293
Average market value $1,934,536 $618,832

Illinois office space property averages

Property averages United States Illinois
Average lot size 483,603 sf 55,692 sf
Median lot size 17,229 sf 17,079 sf
Average building area 1,096 sf 279 sf
Median building area 85 sf 84 sf
Median year built 1983 1984
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 9,210,685 9,354
Aggregate building area 492,222,617 sf 933,685 sf
Aggregate units 10,278,973 58,066

Illinois office space industrial mortgages

Debt United States Illinois
Number of mortgages 1,530,243 17,478
Average value of mortgages $7,880,696 $6,964,680

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