Commercial Real Estate Market in Columbia, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
26 active listings and 349 off-market properties in Columbia, IL. Commercial property asks $128/SF to buy (based on 4 listings) and $18.00/SF/Yr to lease (based on 9 listings).
Market Trends
Columbia, IL spans 60.3 square miles in Monroe County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Columbia, IL has a median asking sale price of $128/SF (based on 3 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Columbia, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Columbia, 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 Columbia, 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 42.7%
- Agricultural 19.4%
- Industrial 19.1%
- Commercial 14.5%
- Mixed use 3.9%
- Special 0.5%
Largest Zones share of zoned land by district
Columbia, IL zones 6,147 acres across 17 districts. Commercial zoning covers 14.5% of zoned land, residential 42.7% and industrial 19.1%. The largest single district is Agricultural District at 19.4%. For commercial buyers the practical constraint is that only 33.6% of land carries a commercial or industrial designation.
District is intended to provide agriculture uses
Market overview
Demographics & Economy
Columbia, IL has 13,924 residents in 5,797 households. Density runs 231 people per square mile. Median household income here is $112,070 and median gross rent $1,089 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Columbia?
How much does it cost to lease commercial space in Columbia?
What zoning applies to commercial property in Columbia?
Where does Realmo's Columbia market data come from?
Methodology & data sources
- Asking prices and medians
- There are 12 active for-sale and 14 active for-lease listings in Columbia, IL. The medians are based on 4 of the for-sale and 9 of the for-lease listings, those that state a price or 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: 6,147 zoned acres across 17 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
