Commercial Real Estate Market in Bedford Park, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
120 active listings and 4,055 off-market properties in Bedford Park, IL. Commercial property asks $110/SF to buy and $26.13/SF/Yr to lease.
Market Trends
Bedford Park, IL spans 26.8 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Bedford Park, 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 Bedford Park, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Bedford Park, 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 Bedford Park, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Bedford Park, IL has 129,727 residents in 48,326 households. Density runs 4,848 people per square mile. Median household income here is $79,086 and median gross rent $1,243 a month.
129,727
Population
48,326
Households
2.7
Avg Household Size
38
Median Age
20%
College-Educated
82%
High-School Grad
26.8 sq mi
ZIP Area
4,848
Density / Sq Mi
$79,086
Median Household Income
$44,109
Median Earnings
$1,243
Median Rent
$259,681
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Bedford Park?
Commercial property in Bedford Park, IL asks an average of $110 per square foot.
How much does it cost to lease commercial space in Bedford Park?
Asking lease rates in Bedford Park, IL average $26.13 per square foot per year.
Where does Realmo's Bedford Park market data come from?
Realmo compiles Bedford Park, IL figures from 8 recent recorded sales, 66 active sale listings, 54 active lease listings, 4,055 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 66 active for-sale and 54 active for-lease listings in Bedford Park, 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 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 30 September 2026 · report a data issue
