Commercial Real Estate Market in Cobden, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 32 off-market properties in Cobden, IL.
Market Trends
Cobden, IL spans 70.8 square miles in Union County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cobden, 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 Cobden, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Cobden, 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 Cobden, 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 93.1%
- Commercial 4%
- Industrial 2.9%
Largest Zones share of zoned land by district
Agricultural District
General Residence District
Single Family Residence District
Manufacturing District
Central Business District
Cobden, IL zones 810 acres across 6 districts. Commercial zoning covers 4% of zoned land, residential 93.1% and industrial 2.9%. The largest single district is Agricultural District at 51%. For commercial buyers the practical constraint is that only 6.9% of land carries a commercial or industrial designation.
Agricultural District (A-1)
ARTICLE III - AGRICULTURAL DISTRICT (A-1) 40-3-1 PERMITTED USES (Refer to Table I). (A) Agricultural uses/purposes, provided, that the practice of animal keeping, other than horses, shall not be permitted within two hundred (200) feet from any lot in any
Market overview
Demographics & Economy
Cobden, IL has 3,072 residents in 1,407 households. Density runs 43 people per square mile. Median household income here is $61,875.
3,072
Population
1,407
Households
2.2
Avg Household Size
48
Median Age
24%
College-Educated
86%
High-School Grad
70.8 sq mi
ZIP Area
43
Density / Sq Mi
$61,875
Median Household Income
$32,231
Median Earnings
$0
Median Rent
$154,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Alto Pass | — | — |
| Anna | — | — |
| Saratoga | — | — |
| Jonesboro | — | — |
Commercial property in Cobden, IL asks $48/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cobden?
Commercial property in Cobden, IL asks an average of $48 per square foot.
What zoning applies to commercial property in Cobden?
Cobden, IL zones 810 acres across 6 districts, of which 4% is commercial and 2.9% industrial. The largest single district is Agricultural District at 51% of zoned land. ARTICLE III - AGRICULTURAL DISTRICT (A-1) 40-3-1 PERMITTED USES (Refer to Table I). (A) Agricultural uses/purposes, provided, that the practice of animal keeping, other than horses, shall not be permitted within two hundred (200) feet from any lot in any Residential zoning covers 93.1% and open space 0%.
Where does Realmo's Cobden market data come from?
Realmo compiles Cobden, IL figures from 4 active sale listings, 32 tracked off-market properties, the current Cobden zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4 active for-sale and 0 active for-lease listings in Cobden, 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: 810 zoned acres across 6 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
