Commercial Real Estate Market in Ashton, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 79 off-market properties in Ashton, IL.
Market Trends
Ashton, IL spans 70.4 square miles in Lee County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ashton, 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 Ashton, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ashton, 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 Ashton, 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
- Commercial 45.9%
- Residential 40.3%
- Industrial 13.8%
Largest Zones share of zoned land by district
Agriculture District
Countryside Residential District
Industrial District
Neighborhood Business District
Village Residential District
Ashton, IL zones 527 acres across 6 districts. Commercial zoning covers 45.9% of zoned land, residential 40.3% and industrial 13.8%. The largest single district is Agriculture District at 42.2%. For commercial buyers the practical constraint is that only 59.7% of land carries a commercial or industrial designation.
Agriculture District (A-1)
The map symbol and short name for the agriculture district shall be A-1 district. (2) Residential district. The residential district is established to provide a location for a limited range of residential uses characterized by large lots and a rural atmosphere. This district is generally located on the periphery of the village and may have streets having a r…
Market overview
Demographics & Economy
Ashton, IL has 1,640 residents in 679 households. Density runs 23 people per square mile. Median household income here is $71,429 and median gross rent $863 a month.
1,640
Population
679
Households
2.4
Avg Household Size
43
Median Age
14%
College-Educated
87%
High-School Grad
70.4 sq mi
ZIP Area
23
Density / Sq Mi
$71,429
Median Household Income
$37,566
Median Earnings
$863
Median Rent
$150,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Franklin Grv | — | — |
| Lee Center | — | — |
| Honey Creek | — | — |
| Nachusa | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Ashton?
Ashton, IL zones 527 acres across 6 districts, of which 45.9% is commercial and 13.8% industrial. The largest single district is Agriculture District at 42.2% of zoned land. The map symbol and short name for the agriculture district shall be A-1 district. (2) Residential district. The residential district is established to provide a location for a limited range of residential uses characterized by large lots and a rural atmosphere. This district is generally located on the periphery of the village and may have streets having a r… Residential zoning covers 40.3% and open space 0%.
Where does Realmo's Ashton market data come from?
Realmo compiles Ashton, IL figures from 7 recent recorded sales, 1 active sale listings, 79 tracked off-market properties, the current Ashton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Ashton, 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: 527 zoned acres across 6 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
