Commercial Real Estate Market in Cambridge, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 143 off-market properties in Cambridge, IL.
Market Trends
Cambridge, IL spans 101.3 square miles in Henry County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cambridge, 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 Cambridge, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Cambridge, 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 Cambridge, 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 45.3%
- Agricultural 44.1%
- Industrial 5.8%
- Commercial 4.6%
Largest Zones share of zoned land by district
Agricultural
Single Family Residential
Multifamily Residential
Heavy Industrial
Commercial
Agricultural (A1)
This district is intended to provide an area primarily for agricultural uses. The rural nature and low density of the population in this district requires only restrictions providing for reasonable setback from roads and highways. The purpose of such a district is to protect those uses from unplanned urbanization as long as the land is devoted primarily to a…
Market overview
Demographics & Economy
Cambridge, IL has 3,028 residents in 1,158 households. Density runs 30 people per square mile. Median household income here is $75,294 and median gross rent $1,044 a month.
3,028
Population
1,158
Households
2.6
Avg Household Size
44
Median Age
19%
College-Educated
94%
High-School Grad
101.3 sq mi
ZIP Area
30
Density / Sq Mi
$75,294
Median Household Income
$33,500
Median Earnings
$1,044
Median Rent
$129,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ulah | — | — |
| Andover | — | — |
| Osco | — | — |
| Bishop Hill | — | — |
Frequently Asked Questions
Where does Realmo's Cambridge market data come from?
Realmo compiles Cambridge, IL figures from 4 recent recorded sales, 1 active sale listings, 143 tracked off-market properties, the current Cambridge zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Cambridge, 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: 1,278 zoned acres across 7 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
