Commercial Real Estate Market in Broadview, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
70 active listings and 1,842 off-market properties in Broadview, IL. Commercial property asks $188/SF to buy and $17.16/SF/Yr to lease.
Market Trends
Broadview, IL spans 4.7 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Broadview, 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 Broadview, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Broadview, 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 46.2%
- Industrial 38.3%
- Commercial 9.9%
- Civic 5.7%
Largest Zones share of zoned land by district
Single Family Residential
Office And Industrial
General Commercial
Institutional
Manufacturing
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.
Office And Industrial (O/I)
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.
31,523
Population
11,616
Households
2.7
Avg Household Size
38
Median Age
16%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
6,714
Density / Sq Mi
$64,767
Median Household Income
$43,825
Median Earnings
$1,175
Median Rent
$219,716
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hines | — | — |
| Bellwood | — | — |
| La Grange Pk | — | — |
| North Riverside | — | — |
Commercial property in Broadview, IL asks $188/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Broadview?
Commercial property in Broadview, IL asks an average of $188 per square foot.
How much does it cost to lease commercial space in Broadview?
Asking lease rates in Broadview, IL average $17.16 per square foot per year.
What zoning applies to commercial property in Broadview?
Broadview, IL zones 1,064 acres across 8 districts, of which 9.9% is commercial and 38.3% industrial. The largest single district is Single Family Residential at 41.7% of zoned land. Residential zoning covers 46.2% and open space 0%.
Where does Realmo's Broadview market data come from?
Realmo compiles Broadview, IL figures from 6 recent recorded sales, 48 active sale listings, 22 active lease listings, 1,842 tracked off-market properties, the current Broadview zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 48 active for-sale and 22 active for-lease listings in Broadview, 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: 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 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
