Commercial Real Estate Market in Arcola, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 247 off-market properties in Arcola, IL.
Market Trends
Arcola, IL spans 102.5 square miles in Douglas County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Arcola, 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 Arcola, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Arcola, 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 Arcola, 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 48.4%
- Industrial 23.2%
- Commercial 22.2%
- Agricultural 4.3%
Largest Zones share of zoned land by district
Industrial
High Density And Single Family
Multifamily
Highway Commercial
Low Density And Single Family
Arcola, IL zones 1,274 acres across 9 districts. Commercial zoning covers 22.2% of zoned land, residential 48.4% and industrial 23.2%. The largest single district is Industrial at 23.2%. For commercial buyers the practical constraint is that only 45.4% of land carries a commercial or industrial designation.
Industrial (I)
The intent of this district is to recognize existing industrial development within the community and to reserve additional land for possible new or relocated industries
Market overview
Demographics & Economy
Arcola, IL has 4,460 residents in 1,615 households. Density runs 44 people per square mile. Median household income here is $83,173 and median gross rent $809 a month.
4,460
Population
1,615
Households
2.8
Avg Household Size
39
Median Age
17%
College-Educated
71%
High-School Grad
102.5 sq mi
ZIP Area
44
Density / Sq Mi
$83,173
Median Household Income
$34,727
Median Earnings
$809
Median Rent
$147,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Chesterville | — | — |
| Humboldt | — | — |
| Tuscola | — | — |
| Arthur | — | — |
Commercial property in Arcola, IL asks $190/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Arcola?
Commercial property in Arcola, IL asks an average of $190 per square foot.
What zoning applies to commercial property in Arcola?
Arcola, IL zones 1,274 acres across 9 districts, of which 22.2% is commercial and 23.2% industrial. The largest single district is Industrial at 23.2% of zoned land. The intent of this district is to recognize existing industrial development within the community and to reserve additional land for possible new or relocated industries Residential zoning covers 48.4% and open space 0%.
Where does Realmo's Arcola market data come from?
Realmo compiles Arcola, IL figures from 5 active sale listings, 247 tracked off-market properties, the current Arcola zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Arcola, 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: 1,274 zoned acres across 9 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
