Commercial Real Estate Market in Creston, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Creston, IL spans 0.1 square miles in Ogle County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Creston, 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 Creston, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Creston, 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 Creston, 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 37.8%
- Residential 37.2%
- Commercial 24.7%
Largest Zones share of zoned land by district
Light Industrial District
Village Residential District
Agricultural District
Countryside Residential District
Highway Commercial District
Creston, IL zones 644 acres across 7 districts. Commercial zoning covers 24.7% of zoned land, residential 37.2% and industrial 37.8%. The largest single district is Light Industrial District at 37.8%. For commercial buyers the practical constraint is that only 62.5% of land carries a commercial or industrial designation.
Light Industrial District (I1)
The industrial district is established to provide a location and standards for a wide range of low impact industrial, manufacturing, warehousing, processing, production, assembly, research, testing, and office uses characterized by small floor area buildings and uses. This district shall be located along the arterial streets in the village and only in areas…
Market overview
Demographics & Economy
Creston, IL has 255 residents in 105 households. Density runs 2,676 people per square mile. Median household income here is $70,536 and median gross rent $870 a month.
255
Population
105
Households
2.4
Avg Household Size
36
Median Age
34%
College-Educated
98%
High-School Grad
0.1 sq mi
ZIP Area
2,676
Density / Sq Mi
$70,536
Median Household Income
$34,750
Median Earnings
$870
Median Rent
$179,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hillcrest | — | — |
| Malta | — | — |
| Esmond | — | — |
| Lindenwood | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Creston?
Creston, IL zones 644 acres across 7 districts, of which 24.7% is commercial and 37.8% industrial. The largest single district is Light Industrial District at 37.8% of zoned land. The industrial district is established to provide a location and standards for a wide range of low impact industrial, manufacturing, warehousing, processing, production, assembly, research, testing, and office uses characterized by small floor area buildings and uses. This district shall be located along the arterial streets in the village and only in areas… Residential zoning covers 37.2% and open space 0%.
Where does Realmo's Creston market data come from?
Realmo compiles Creston, IL figures from 2 recent recorded sales, 22 tracked off-market properties, the current Creston zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- 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: 644 zoned acres across 7 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
