Commercial Real Estate Market in Bradley, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
17 active listings and 579 off-market properties in Bradley, IL.
Market Trends
Bradley, IL spans 3.4 square miles in Kankakee County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Bradley, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Bradley, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Bradley, 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%.
Multifamily
Multifamily vacancy in Bradley, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 73.3%
- Commercial 21.9%
- Industrial 4.9%
Largest Zones share of zoned land by district
Bradley, IL zones 3,618 acres across 14 districts. Commercial zoning covers 21.9% of zoned land, residential 73.3% and industrial 4.9%. The largest single district is Single Family Residence at 29.3%. For commercial buyers the practical constraint is that only 26.8% of land carries a commercial or industrial designation.
The NR-3 single-family residence district is intended to provide single-family areas of a low density character with lots containing a minimum of 10000 square feet
Market overview
Demographics & Economy
Bradley, IL has 10,128 residents in 4,274 households. Density runs 2,958 people per square mile. Median household income here is $55,773 and median gross rent $1,106 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Kankakee | $60 | $15.00 |
| Bourbonnais | $213 | $19.00 |
| Manteno | $200 | $16.00 |
Frequently Asked Questions
How much does it cost to lease commercial space in Bradley?
What zoning applies to commercial property in Bradley?
Where does Realmo's Bradley market data come from?
Methodology & data sources
- Asking prices and medians
- There are 5 active for-sale and 12 active for-lease listings in Bradley, IL. Too few for-sale listings state a price per square foot for a sale median; the rent median is based on 5 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: 3,618 zoned acres across 14 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
