Retail space in Illinois

Search retail 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 Retail 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 Retail Space.

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Illinois retail space sold prices and values

The average assessed value of retail spaces in Illinois is $380,915. Retail space sale prices in Illinois have a median of $1,176,750. The last 24 months of sales history has seen 4 sales, with 4 sales greater than $250,000, 2 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of retail spaces in Illinois over the last 24 months is $123.

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $992 $123
Median price/sqft $93 $123
Average sold price $2,023,692 $1,175,875
Median sold price $297,176 $1,176,750
Number of sales 2,249 4
Number of sales over $250k 1,237 4
Number of sales over $1m 504 2
Number of sales over $10m 55 --
Average total tax amount $17,577 $85,296
Average assessed value $701,465 $380,915
Average market value $670,403 $2,660

Illinois retail space property averages

The average lot size of retail spaces in Illinois is 19,189 sf. This is 42% below the United States average. The average building area is 118 sf and the median year built is 1977.

Property averages United States Illinois
Average lot size 253,910 sf 91,309 sf
Median lot size 29,479 sf 19,189 sf
Average building area 336 sf 694 sf
Median building area 47 sf 118 sf
Median year built 1974 1977
Average number of units 22 162
Median number of units -- 12

Illinois retail space total supply

There are 339 retail spaces in Illinois. This is 198% below the United States average. The total acerage is 67 acres and the aggregate building area for retail spaces in Illinois is 29,159 sf.

Supply United States Illinois
Number of parcels 87,186 339
Aggregate lot acerage 219,554 67
Aggregate building area 7,934,123 sf 29,159 sf
Aggregate units 152,548 4,060

Illinois retail space industrial mortgages

There are 71 mortgages for retail spaces across Illinois in the Reonomy database. The average value of those mortgages is $9,813,900. This is 101% above the United States average.

Debt United States Illinois
Number of mortgages 6,792 71
Average value of mortgages $3,223,187 $9,813,900

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