Commercial Real Estate Market in Collinsville, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
64 active listings and 793 off-market properties in Collinsville, IL. Commercial property asks $76/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Collinsville, IL spans 37.3 square miles in Madison County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Collinsville, 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 Collinsville, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Collinsville, 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 space in Collinsville, IL asks $60/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 55.2%
- Civic 14.7%
- Commercial 12.7%
- Planned_development 6.5%
- Industrial 6.3%
- Mixed use 4.5%
Largest Zones share of zoned land by district
Single Family Residential District
Hospitality Park District
Single Family Residential District
Planned Unit Development
Commercial District
Collinsville, IL zones 8,526 acres across 36 districts. Commercial zoning covers 12.7% of zoned land, residential 55.2% and industrial 6.3%. The largest single district is Single Family Residential District at 45.2%. For commercial buyers the practical constraint is that only 18.9% of land carries a commercial or industrial designation.
Single Family Residential District (R-1A)
Sec. 17.040.060. - "R-1A" Single-Family Residential District. A. Intent. The R-1A District is intended only for property previously zoned R-1A. All preexisting R-1A property shall be permitted for all lawful uses as of the effective date of these Regulations. After the effective date of these Regulations, no additional land shall be designated or thereby rez…
Market overview
Demographics & Economy
Collinsville, IL has 31,843 residents in 14,947 households. Density runs 855 people per square mile. Median household income here is $66,437 and median gross rent $995 a month.
31,843
Population
14,947
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
92%
High-School Grad
37.3 sq mi
ZIP Area
855
Density / Sq Mi
$66,437
Median Household Income
$41,710
Median Earnings
$995
Median Rent
$162,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lumaghi Heights | — | — |
| Hollywood Heights | — | — |
| Caseyville | — | — |
| State Park Place | — | — |
Commercial property in Collinsville, IL asks $76/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Collinsville?
Commercial property in Collinsville, IL asks an average of $76 per square foot. The 4 most recent recorded sales traded at a median of $164/SF. Multifamily carries the highest asking price at $60/SF.
How much does it cost to lease commercial space in Collinsville?
Asking lease rates in Collinsville, IL average $12.00 per square foot per year.
What zoning applies to commercial property in Collinsville?
Collinsville, IL zones 8,526 acres across 36 districts, of which 12.7% is commercial and 6.3% industrial. The largest single district is Single Family Residential District at 45.2% of zoned land. Residential zoning covers 55.2% and open space 0%.
Where does Realmo's Collinsville market data come from?
Realmo compiles Collinsville, IL figures from 6 recent recorded sales, 47 active sale listings, 17 active lease listings, 793 tracked off-market properties, the current Collinsville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 47 active for-sale and 17 active for-lease listings in Collinsville, 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: 8,526 zoned acres across 36 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
