Commercial Real Estate Market in Canton, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 600 off-market properties in Canton, IL.
Market Trends
Canton, IL spans 152.0 square miles in Fulton County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Canton, 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 Canton, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Canton, 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 Canton, 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
- Industrial 52.2%
- Agricultural 35.1%
- Commercial 7.4%
- Residential 5.2%
- Planned_development 0.2%
Largest Zones share of zoned land by district
Single Family Residential
Conservation
Heavy Industrial
Agriculture
General Business
Single Family Residential (R-2)
Zoning Classification R-1 R-2 R-3 R-4 B-1 B-2 B-3 I-1 I-2 AG CO PUD District Single Family Residential Single Family Residential Two-Family Residential Multi-Family Residential Local Commercial District General Commercial District Central Business District Light Industrial District Heavy Industrial District Agriculture Conservation Planned Unit Development P…
Market overview
Demographics & Economy
Canton, IL has 16,156 residents in 7,301 households. Density runs 106 people per square mile. Median household income here is $56,618 and median gross rent $814 a month.
16,156
Population
7,301
Households
2.2
Avg Household Size
43
Median Age
16%
College-Educated
89%
High-School Grad
152 sq mi
ZIP Area
106
Density / Sq Mi
$56,618
Median Household Income
$35,240
Median Earnings
$814
Median Rent
$116,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brereton | — | — |
| Dunfermline | — | — |
| Norris | — | — |
| Saint David | — | — |
Commercial property in Canton, IL asks $153/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Canton?
Commercial property in Canton, IL asks an average of $153 per square foot.
Where does Realmo's Canton market data come from?
Realmo compiles Canton, IL figures from 11 active sale listings, 3 active lease listings, 600 tracked off-market properties, the current Canton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 3 active for-lease listings in Canton, 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: 5,843 zoned acres across 12 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
