Commercial Real Estate Market in Broadview, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
55 active listings and 1,842 off-market properties in Broadview, IL. Commercial property asks $117/SF to buy (based on 6 listings) and $21.50/SF/Yr to lease (based on 4 listings).
Market Trends
Broadview, IL spans 4.7 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Broadview, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Broadview, IL has a median asking sale price of $114/SF (based on 4 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Broadview, 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 Broadview, 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 46.2%
- Industrial 38.3%
- Commercial 9.9%
- Civic 5.7%
Largest Zones share of zoned land by district
Broadview, IL zones 1,064 acres across 8 districts. Commercial zoning covers 9.9% of zoned land, residential 46.2% and industrial 38.3%. The largest single district is Single Family Residential at 41.7%. For commercial buyers the practical constraint is that only 48.2% of land carries a commercial or industrial designation.
O/I Office/ Industrial District M Manufacturing District Required Yard Area Setbacks Minimum front yard None, or where adjacent to residential, front yards shall be the same as adjacent residential district 10 foot landscaped front yard, or where adjacent to residential, front yards shall be the same as adjacent residential district 10 feet, or where adjacen…
Market overview
Demographics & Economy
Broadview, IL has 31,523 residents in 11,616 households. Density runs 6,714 people per square mile. Median household income here is $64,767 and median gross rent $1,175 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Berwyn | $176 | $24.50 |
| Oak Park | $142 | $16.00 |
Commercial property in Broadview, IL asks $117/SF. The 2 bordering markets run from $142/SF in Oak Park to $176/SF in Berwyn, and the city sits below their $159/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Broadview?
How much does it cost to lease commercial space in Broadview?
How does Broadview compare to nearby markets on price?
What zoning applies to commercial property in Broadview?
Where does Realmo's Broadview market data come from?
Methodology & data sources
- Asking prices and medians
- There are 35 active for-sale and 20 active for-lease listings in Broadview, IL. The medians are based on 6 of the for-sale and 4 of the for-lease listings, those that state a price or 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: 1,064 zoned acres across 8 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
