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 $154,630. Retail space sale prices in Illinois have a median of $739,510. The last 24 months of sales history has seen 3,829 sales, with 2,925 sales greater than $250,000, 1,705 sales valued at over $1,000,000, and 729 sales valued at over $10,000,000. The average price per square foot of retail spaces in Illinois over the last 24 months is $117.

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $647 $442
Median price/sqft $85 $117
Average sold price $3,025,992 $15,820,069
Median sold price $349,872 $739,510
Number of sales 109,690 3,829
Number of sales over $250k 63,601 2,925
Number of sales over $1m 31,270 1,705
Number of sales over $10m 4,589 729
Average total tax amount $20,300 $39,095
Average assessed value $822,376 $154,630
Average market value $961,348 $597,378

Illinois retail space property averages

The average lot size of retail spaces in Illinois is 6,105 sf. This is 106% 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 473,444 sf 26,106 sf
Median lot size 20,127 sf 6,105 sf
Average building area 605 sf 325 sf
Median building area 57 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 39,730 retail spaces in Illinois. This is 189% below the United States average. The total acerage is 20,624 acres and the aggregate building area for retail spaces in Illinois is 3,587,340 sf.

Supply United States Illinois
Number of parcels 1,441,309 39,730
Aggregate lot acerage 47,820,600 20,624
Aggregate building area 379,356,754 sf 3,587,340 sf
Aggregate units 3,615,117 137,551

Illinois retail space industrial mortgages

There are 107,709 mortgages for retail spaces across Illinois in the Reonomy database. The average value of those mortgages is $24,216,785. This is 45% above the United States average.

Debt United States Illinois
Number of mortgages 2,102,835 107,709
Average value of mortgages $15,187,044 $24,216,785

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