Commercial Real Estate Market in Addison, IL

Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31

57 active listings and 1,202 off-market properties in Addison, IL.

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

Zoning Insight Business Placement

Nearby Markets

Market Median Asking Price, $/SF Median Asking Rent, $/SF/Yr
Villa Park $254 $14.66
Bensenville $184 $25.00
Elmhurst $179 $24.60
Lombard $226 $14.38

Frequently Asked Questions

How much does it cost to lease commercial space in Addison?
The median asking lease rate in Addison, IL is $17.00 per square foot per year (based on 4 listings).
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, 23 active sale listings, 34 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 October 2026.
Methodology & data sources
Asking prices and medians
There are 23 active for-sale and 34 active for-lease listings in Addison, IL. Too few for-sale listings state a price per square foot for a sale median; the rent median is based on 4 of the for-lease listings that state a rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
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 October 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 October 2026 · How Realmo checks market page data · Report a data issue