Commercial Real Estate Market in Carpentersville, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
31 active listings and 417 off-market properties in Carpentersville, IL.
Market Trends
Carpentersville, IL spans 8.4 square miles in Kane County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Carpentersville, 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 Carpentersville, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Carpentersville, 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 Carpentersville, 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
- Civic 52.4%
- Industrial 17.6%
- Residential 17%
- Commercial 10.9%
- Agricultural 2.1%
Largest Zones share of zoned land by district
Single Family Residential
Residential Estate
Townhouse Residential
General Industrial
Light Industrial
Market overview
Demographics & Economy
Carpentersville, IL has 38,762 residents in 12,297 households. Density runs 4,620 people per square mile. Median household income here is $87,714 and median gross rent $1,421 a month.
38,762
Population
12,297
Households
3.2
Avg Household Size
32
Median Age
24%
College-Educated
75%
High-School Grad
8.4 sq mi
ZIP Area
4,620
Density / Sq Mi
$87,714
Median Household Income
$37,892
Median Earnings
$1,421
Median Rent
$224,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Barrington Hills | — | — |
| Sleepy Hollow | — | — |
| Leeds | — | — |
| Tower Lakes | — | — |
Commercial property in Carpentersville, IL asks $677/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Carpentersville?
Commercial property in Carpentersville, IL asks an average of $677 per square foot. The 4 most recent recorded sales traded at a median of $189/SF, so asking sits 259% above the achieved median.
Where does Realmo's Carpentersville market data come from?
Realmo compiles Carpentersville, IL figures from 6 recent recorded sales, 25 active sale listings, 6 active lease listings, 417 tracked off-market properties, the current Carpentersville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 6 active for-lease listings in Carpentersville, 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: 4,921 zoned acres across 14 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
