Commercial Real Estate Market in Cary, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
14 active listings and 420 off-market properties in Cary, IL.
Market Trends
Cary, IL spans 14.5 square miles in McHenry County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Cary, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Cary, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Cary, 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%.
Multifamily
Multifamily vacancy in Cary, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 53.2%
- Open space 19.1%
- Planned_development 10.6%
- Industrial 9.9%
- Commercial 7.3%
Largest Zones share of zoned land by district
Cary, IL zones 4,221 acres across 15 districts. Commercial zoning covers 7.3% of zoned land, residential 53.2%, open space 19.1% and industrial 9.9%. The largest single district is Single Family Residential District at 32.7%. For commercial buyers the practical constraint is that only 17.2% of land carries a commercial or industrial designation.
Single-family residential districts (E1, R1, R2, R2A). The single-family residential districts are designed to accommodate single-family detached residential uses, other than mobile homes, on lots or parcels having different dimensional requirements. These districts may also accommodate some institutional uses which directly serve the single-family residenti…
Market overview
Demographics & Economy
Cary, IL has 26,144 residents in 9,906 households. Density runs 1,808 people per square mile. Median household income here is $115,833 and median gross rent $1,489 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Algonquin | $165 | $12.00 |
| Crystal Lake | $119 | $15.00 |
Frequently Asked Questions
How much does it cost to lease commercial space in Cary?
What zoning applies to commercial property in Cary?
Where does Realmo's Cary market data come from?
Methodology & data sources
- Asking prices and medians
- There are 2 active for-sale and 12 active for-lease listings in Cary, IL. Too few for-sale listings state a price per square foot for a sale median; the rent median is based on 4 of the for-lease listings that state a rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 4,221 zoned acres across 15 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
