Illinois Commercial Real Estate Market Report

As of September 2026 · 3,812 active listings across 580 cities

Active listings
3,812
For sale
3,812
Median asking price
$500K
Avg. advertised cap rate
7.25%
New in last 30 days
0
Submarkets
580
Inventory by property type
  • Multifamily1,333 · 35%
  • Land912 · 24%
  • Retail693 · 18%
  • Office297 · 8%
  • Industrial222 · 6%
  • Mixed Use166 · 4%
  • Business for Sale107 · 3%
  • Special Purpose61 · 2%
Asking price distribution (for sale)
Low $1Median $500KHigh $75M

Based on 2,333 listings that publish an asking price.

Recent market activity
  • New in last 30 days0
  • New in last 90 days3,812
  • Sold or leased (180 days)1,032

Market analysis — September 2026

Commrty is tracking 3,812 active commercial real estate listings in Illinois. The deepest inventory sits in multifamily (1,333), land (912), retail (693).

Across listings that disclose pricing, the median asking price is $500K, the median advertised cap rate is 7.25%.

0 listings were added in the last 30 days and 3,812 in the last 90, a rough read on how quickly inventory is turning over in this market.

Figures are computed from active listings published on Commrty as of September 2026 and describe listed inventory, not the entire market.