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 $152,507. Retail space sale prices in Illinois have a median of $711,103. The last 24 months of sales history has seen 3,877 sales, with 2,931 sales greater than $250,000, 1,700 sales valued at over $1,000,000, and 732 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 $681 $474
Median price/sqft $83 $123
Average sold price $2,866,904 $15,969,093
Median sold price $343,622 $711,103
Number of sales 111,611 3,877
Number of sales over $250k 64,130 2,931
Number of sales over $1m 31,451 1,700
Number of sales over $10m 4,741 732
Average total tax amount $20,165 $37,119
Average assessed value $800,110 $152,507
Average market value $780,855 $585,431

Illinois retail space property averages

The average lot size of retail spaces in Illinois is 6,089 sf. This is 106% below the United States average. The average building area is 81 sf and the median year built is 1962.

Property averages United States Illinois
Average lot size 490,833 sf 25,819 sf
Median lot size 19,849 sf 6,089 sf
Average building area 797 sf 324 sf
Median building area 55 sf 81 sf
Median year built 1972 1962
Average number of units 11 24
Median number of units -- 4

Illinois retail space total supply

There are 39,634 retail spaces in Illinois. This is 189% below the United States average. The total acerage is 20,343 acres and the aggregate building area for retail spaces in Illinois is 3,573,666 sf.

Supply United States Illinois
Number of parcels 1,449,918 39,634
Aggregate lot acerage 47,090,120 20,343
Aggregate building area 503,381,035 sf 3,573,666 sf
Aggregate units 3,527,094 120,634

Illinois retail space industrial mortgages

There are 105,585 mortgages for retail spaces across Illinois in the Reonomy database. The average value of those mortgages is $23,849,159. This is 44% above the United States average.

Debt United States Illinois
Number of mortgages 2,016,404 105,585
Average value of mortgages $15,184,059 $23,849,159

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