Commercial Real Estate Market in Addison, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
91 active listings and 1,202 off-market properties in Addison, IL. Commercial property asks $75/SF to buy and $16.94/SF/Yr to lease.
Market Trends
Addison, IL spans 11.4 square miles in DuPage County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Addison, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Addison, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Addison, IL runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Addison, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 46.3%
- Industrial 28.1%
- Open space 13.9%
- Commercial 8%
- Civic 3.7%
Largest Zones share of zoned land by district
Single Family Residence
General Manufacturing
Park And Forest Preserve Area
Planned Office Research Industrial
Single Family Residence
Addison, IL zones 6,376 acres across 22 districts. Commercial zoning covers 8% of zoned land, residential 46.3%, open space 13.9% and industrial 28.1%. The largest single district is Single Family Residence at 28.6%. For commercial buyers the practical constraint is that only 36.1% of land carries a commercial or industrial designation.
Planned Office Research Industrial (M4)
F. M4 office-Research/Industrial District. 1. Purpose. The Planned Office- Research/Industrial District is an incentive zoning district intended to provide for office- research and nuisance- free industrial uses in a well-designed and maintained environment. This district would be less intense in character than the M1 Limited Manufacturing District while pro…
Market overview
Demographics & Economy
Addison, IL has 37,644 residents in 14,145 households. Density runs 3,305 people per square mile. Median household income here is $87,860 and median gross rent $1,236 a month.
37,644
Population
14,145
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
77%
High-School Grad
11.4 sq mi
ZIP Area
3,305
Density / Sq Mi
$87,860
Median Household Income
$42,007
Median Earnings
$1,236
Median Rent
$315,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wood Dale | — | $13.20 |
| Villa Park | — | — |
| Itasca | — | — |
| Bensenville | — | $21.83 |
Commercial property in Addison, IL asks $75/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Addison?
Commercial property in Addison, IL asks an average of $75 per square foot. The 6 most recent recorded sales traded at a median of $132/SF.
How much does it cost to lease commercial space in Addison?
Asking lease rates in Addison, IL average $16.94 per square foot per year.
What zoning applies to commercial property in Addison?
Addison, IL zones 6,376 acres across 22 districts, of which 8% is commercial and 28.1% industrial. The largest single district is Single Family Residence at 28.6% of zoned land. Residential zoning covers 46.3% and open space 13.9%.
Where does Realmo's Addison market data come from?
Realmo compiles Addison, IL figures from 8 recent recorded sales, 52 active sale listings, 39 active lease listings, 1,202 tracked off-market properties, the current Addison zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 52 active for-sale and 39 active for-lease listings in Addison, IL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 6,376 zoned acres across 22 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
