Commercial Real Estate Market in Carrollton, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 173 off-market properties in Carrollton, IL.
Market Trends
Carrollton, IL spans 135.3 square miles in Greene County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Carrollton, 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 Carrollton, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Carrollton, 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 Carrollton, 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 86.4%
- Commercial 8.7%
- Industrial 3.9%
- Agricultural 1%
Largest Zones share of zoned land by district
Single Family Residential
Two Family Residential
Highway Business
Industrial
Community Business
Carrollton, IL zones 1,050 acres across 8 districts. Commercial zoning covers 8.7% of zoned land, residential 86.4% and industrial 3.9%. The largest single district is Single Family Residential at 76.3%. For commercial buyers the practical constraint is that only 12.6% of land carries a commercial or industrial designation.
Two Family Residential (MR1)
The Two-Family Residence, District encompasses areas suitable for both single-family dwellings and duplexes as well as related educational, religious and recreational facilities
Market overview
Demographics & Economy
Carrollton, IL has 3,690 residents in 1,745 households. Density runs 27 people per square mile. Median household income here is $61,155 and median gross rent $906 a month.
3,690
Population
1,745
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
93%
High-School Grad
135.3 sq mi
ZIP Area
27
Density / Sq Mi
$61,155
Median Household Income
$34,000
Median Earnings
$906
Median Rent
$117,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Belltown | — | — |
| Kane | — | — |
| Walkerville | — | — |
| Eldred | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Carrollton?
Carrollton, IL zones 1,050 acres across 8 districts, of which 8.7% is commercial and 3.9% industrial. The largest single district is Single Family Residential at 76.3% of zoned land. Residential zoning covers 86.4% and open space 0%.
Where does Realmo's Carrollton market data come from?
Realmo compiles Carrollton, IL figures from 2 active sale listings, 173 tracked off-market properties, the current Carrollton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Carrollton, 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: 1,050 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
