Commercial Real Estate Market in Benton, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
51 active listings and 576 off-market properties in Benton, IL.
Market Trends
Benton, IL spans 98.7 square miles in Franklin County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Benton, 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 Benton, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Benton, 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 Benton, 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 48.8%
- Commercial 31.7%
- Industrial 17.1%
- Open space 2.3%
- Agricultural 0.1%
Largest Zones share of zoned land by district
Residential Low Medium Density
Residential Medium Density
Business Professional Administrative
Industrial General
Business Interstate Interchange
Benton, IL zones 4,415 acres across 16 districts. Commercial zoning covers 31.7% of zoned land, residential 48.8%, open space 2.3% and industrial 17.1%. The largest single district is Residential Low Medium Density at 22.5%. For commercial buyers the practical constraint is that only 48.8% of land carries a commercial or industrial designation.
Residential Low Medium Density (R-2)
To provide land within and in some cases adjacent to the corporate limits of the community for single family residential purposes. Persons residing in this district prefer and are entitled to maximum protection from the encroachment of other types of uses which are not appropriate to residential areas. Other reasons for the establishment of this district are…
Market overview
Demographics & Economy
Benton, IL has 10,962 residents in 5,582 households. Density runs 111 people per square mile. Median household income here is $54,820 and median gross rent $796 a month.
10,962
Population
5,582
Households
2
Avg Household Size
43
Median Age
19%
College-Educated
89%
High-School Grad
98.7 sq mi
ZIP Area
111
Density / Sq Mi
$54,820
Median Household Income
$36,542
Median Earnings
$796
Median Rent
$100,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West City | — | — |
| Steel City | — | — |
| Rend City | — | — |
| Logan | — | — |
Commercial property in Benton, IL asks $220/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Benton?
Commercial property in Benton, IL asks an average of $220 per square foot.
What zoning applies to commercial property in Benton?
Benton, IL zones 4,415 acres across 16 districts, of which 31.7% is commercial and 17.1% industrial. The largest single district is Residential Low Medium Density at 22.5% of zoned land. To provide land within and in some cases adjacent to the corporate limits of the community for single family residential purposes. Persons residing in this district prefer and are entitled to maximum protection from the encroachment of other types of uses which are not appropriate to residential areas. Other reasons for the establishment of this district are… Residential zoning covers 48.8% and open space 2.3%.
Where does Realmo's Benton market data come from?
Realmo compiles Benton, IL figures from 51 active sale listings, 576 tracked off-market properties, the current Benton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 51 active for-sale and 0 active for-lease listings in Benton, 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: 4,415 zoned acres across 16 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
