Commercial Real Estate Market in Carlyle, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
16 active listings and 299 off-market properties in Carlyle, IL.
Market Trends
Carlyle, IL spans 192.1 square miles in Clinton County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Carlyle, 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 Carlyle, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Carlyle, 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 Carlyle, 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 52.3%
- Commercial 29.3%
- Industrial 18.4%
Largest Zones share of zoned land by district
Single Family Residence
Highway Business
Industrial
Single Family Residence
Mobile Housing
Carlyle, IL zones 1,990 acres across 7 districts. Commercial zoning covers 29.3% of zoned land, residential 52.3% and industrial 18.4%. The largest single district is Single Family Residence at 30.6%. For commercial buyers the practical constraint is that only 47.7% of land carries a commercial or industrial designation.
Single Family Residence (R-1)
Any territory hereafter annexed to the City shall automatically be in the R-1, Single-family Residence District, until duly changed by an amendment to this Code; except that the City Council, with the advice of the Zoning Board, may annex any territory as any other zoning district or districts herein established if all legal requirements for zoning the prope…
Market overview
Demographics & Economy
Carlyle, IL has 7,171 residents in 3,233 households. Density runs 37 people per square mile. Median household income here is $80,660 and median gross rent $1,043 a month.
7,171
Population
3,233
Households
2.2
Avg Household Size
46
Median Age
25%
College-Educated
96%
High-School Grad
192.1 sq mi
ZIP Area
37
Density / Sq Mi
$80,660
Median Household Income
$41,526
Median Earnings
$1,043
Median Rent
$158,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Royal Lake Resort | — | — |
| Beckemeyer | — | — |
| Clement | — | — |
| Huey | — | — |
Commercial property in Carlyle, IL asks $69/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Carlyle?
Commercial property in Carlyle, IL asks an average of $69 per square foot. The 3 most recent recorded sales traded at a median of $62/SF, so asking sits 11% above the achieved median.
What zoning applies to commercial property in Carlyle?
Carlyle, IL zones 1,990 acres across 7 districts, of which 29.3% is commercial and 18.4% industrial. The largest single district is Single Family Residence at 30.6% of zoned land. Any territory hereafter annexed to the City shall automatically be in the R-1, Single-family Residence District, until duly changed by an amendment to this Code; except that the City Council, with the advice of the Zoning Board, may annex any territory as any other zoning district or districts herein established if all legal requirements for zoning the prope… Residential zoning covers 52.3% and open space 0%.
Where does Realmo's Carlyle market data come from?
Realmo compiles Carlyle, IL figures from 5 recent recorded sales, 14 active sale listings, 2 active lease listings, 299 tracked off-market properties, the current Carlyle zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 2 active for-lease listings in Carlyle, 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: 1,990 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
