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 $154,624. Retail space sale prices in Illinois have a median of $751,382. The last 24 months of sales history has seen 3,847 sales, with 2,938 sales greater than $250,000, 1,717 sales valued at over $1,000,000, and 730 sales valued at over $10,000,000. The average price per square foot of retail spaces in Illinois over the last 24 months is $121.

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $600 $438
Median price/sqft $82 $121
Average sold price $2,961,862 $16,594,530
Median sold price $343,008 $751,382
Number of sales 112,258 3,847
Number of sales over $250k 64,430 2,938
Number of sales over $1m 31,669 1,717
Number of sales over $10m 4,767 730
Average total tax amount $20,069 $39,074
Average assessed value $808,175 $154,624
Average market value $942,419 $597,233

Illinois retail space property averages

The average lot size of retail spaces in Illinois is 6,104 sf. This is 105% below the United States average. The average building area is 82 sf and the median year built is 1962.

Property averages United States Illinois
Average lot size 461,261 sf 26,062 sf
Median lot size 19,850 sf 6,104 sf
Average building area 787 sf 319 sf
Median building area 56 sf 82 sf
Median year built 1972 1962
Average number of units 11 29
Median number of units -- 5

Illinois retail space total supply

There are 39,722 retail spaces in Illinois. This is 189% below the United States average. The total acerage is 20,571 acres and the aggregate building area for retail spaces in Illinois is 3,535,136 sf.

Supply United States Illinois
Number of parcels 1,456,042 39,722
Aggregate lot acerage 47,669,012 20,571
Aggregate building area 499,165,605 sf 3,535,136 sf
Aggregate units 3,590,824 137,516

Illinois retail space industrial mortgages

There are 107,136 mortgages for retail spaces across Illinois in the Reonomy database. The average value of those mortgages is $24,062,602. This is 45% above the United States average.

Debt United States Illinois
Number of mortgages 2,102,203 107,136
Average value of mortgages $15,108,917 $24,062,602

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