Commercial Real Estate Market in Channahon, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
58 active listings and 752 off-market properties in Channahon, IL. Commercial property asks $2,046/SF to buy and $15.25/SF/Yr to lease.
Market Trends
Channahon, IL spans 24.1 square miles in Grundy County, Illinois. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Channahon, 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 Channahon, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Channahon, 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 Channahon, 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 52.4%
- Civic 35.7%
- Residential 5.5%
- Commercial 3.9%
- Agricultural 1.8%
Largest Zones share of zoned land by district
Single Family Residence
Intensive Industrial
Park And Recreational
Limited Industrial
Single Family Residence
Intensive Industrial (I2)
Permitted and special uses listed below are generally less intensive than those allowed in the I-2 Intensive Industrial District, and can be accommodated, if they are so located and are regulated as to avoid adverse impacts on the residential uses and less intense nonresidential uses that define the essential character of the village. (A) Permitted uses. (1)…
Market overview
Demographics & Economy
Channahon, IL has 13,503 residents in 4,673 households. Density runs 561 people per square mile. Median household income here is $120,278 and median gross rent $1,613 a month.
13,503
Population
4,673
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
561
Density / Sq Mi
$120,278
Median Household Income
$59,342
Median Earnings
$1,613
Median Rent
$293,500
Median Home Value
Tools
Nearby Markets
Commercial property in Channahon, IL asks $2,046/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Channahon?
Commercial property in Channahon, IL asks an average of $2,046 per square foot.
How much does it cost to lease commercial space in Channahon?
Asking lease rates in Channahon, IL average $15.25 per square foot per year.
Where does Realmo's Channahon market data come from?
Realmo compiles Channahon, IL figures from 7 recent recorded sales, 46 active sale listings, 12 active lease listings, 752 tracked off-market properties, the current Channahon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 46 active for-sale and 12 active for-lease listings in Channahon, 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: 11,076 zoned acres across 16 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 30 September 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 30 September 2026 · report a data issue
