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 $154,452. Retail space sale prices in Illinois have a median of $736,463. The last 24 months of sales history has seen 3,827 sales, with 2,898 sales greater than $250,000, 1,703 sales valued at over $1,000,000, and 726 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 $661 $444
Median price/sqft $82 $123
Average sold price $2,864,376 $16,153,319
Median sold price $341,019 $736,463
Number of sales 111,347 3,827
Number of sales over $250k 63,733 2,898
Number of sales over $1m 31,299 1,703
Number of sales over $10m 4,741 726
Average total tax amount $20,249 $38,972
Average assessed value $800,926 $154,452
Average market value $783,694 $595,840

Illinois retail space property averages

The average lot size of retail spaces in Illinois is 6,100 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 472,230 sf 25,894 sf
Median lot size 19,882 sf 6,100 sf
Average building area 602 sf 317 sf
Median building area 55 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 39,707 retail spaces in Illinois. This is 189% below the United States average. The total acerage is 20,402 acres and the aggregate building area for retail spaces in Illinois is 3,501,774 sf.

Supply United States Illinois
Number of parcels 1,453,840 39,707
Aggregate lot acerage 46,143,457 20,402
Aggregate building area 382,834,647 sf 3,501,774 sf
Aggregate units 3,568,931 137,307

Illinois retail space industrial mortgages

There are 105,794 mortgages for retail spaces across Illinois in the Reonomy database. The average value of those mortgages is $24,093,403. This is 45% above the United States average.

Debt United States Illinois
Number of mortgages 2,028,751 105,794
Average value of mortgages $15,236,390 $24,093,403

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