Commercial Real Estate Market in Bradley, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 579 off-market properties in Bradley, IL. Commercial property asks $137/SF to buy and $15.84/SF/Yr to lease.
Market Trends
Bradley, IL spans 3.4 square miles in Kankakee County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bradley, 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 Bradley, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Bradley, 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 73.3%
- Commercial 21.9%
- Industrial 4.9%
Largest Zones share of zoned land by district
Single Family Residence
Single Family Residence
Village Center Shopping
Commercial
Single Family Residence
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.
Single Family Residence (NR-3)
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.
10,128
Population
4,274
Households
2.4
Avg Household Size
38
Median Age
9%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
2,958
Density / Sq Mi
$55,773
Median Household Income
$37,979
Median Earnings
$1,106
Median Rent
$143,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kankakee | — | $15.00 |
| Bourbonnais | — | $18.79 |
| Aroma Park | — | — |
| Sun River Terrace | — | — |
Commercial property in Bradley, IL asks $137/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bradley?
Commercial property in Bradley, IL asks an average of $137 per square foot.
How much does it cost to lease commercial space in Bradley?
Asking lease rates in Bradley, IL average $15.84 per square foot per year.
What zoning applies to commercial property in Bradley?
Bradley, IL zones 3,618 acres across 14 districts, of which 21.9% is commercial and 4.9% industrial. The largest single district is Single Family Residence at 29.3% of zoned land. 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 Residential zoning covers 73.3% and open space 0%.
Where does Realmo's Bradley market data come from?
Realmo compiles Bradley, IL figures from 8 recent recorded sales, 7 active sale listings, 6 active lease listings, 579 tracked off-market properties, the current Bradley zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 6 active for-lease listings in Bradley, 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: 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 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
