Commercial Real Estate Market in Des Plaines, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
128 active listings and 1,674 off-market properties in Des Plaines, IL. Commercial property asks $109/SF to buy and $20.23/SF/Yr to lease.
Market Trends
Des Plaines, IL spans 28.7 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Des Plaines, 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 Des Plaines, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Des Plaines, 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 Des Plaines, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Des Plaines, IL has 91,939 residents in 35,963 households. Density runs 3,203 people per square mile. Median household income here is $84,492 and median gross rent $1,330 a month.
91,939
Population
35,963
Households
2.6
Avg Household Size
41
Median Age
37%
College-Educated
87%
High-School Grad
28.7 sq mi
ZIP Area
3,203
Density / Sq Mi
$84,492
Median Household Income
$46,916
Median Earnings
$1,330
Median Rent
$301,256
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Mount Prospect | — | $27.00 |
| Park Ridge | — | $26.40 |
| Glenview | — | $19.88 |
| Niles | — | — |
Commercial property in Des Plaines, IL asks $109/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Des Plaines?
Commercial property in Des Plaines, IL asks an average of $109 per square foot.
How much does it cost to lease commercial space in Des Plaines?
Asking lease rates in Des Plaines, IL average $20.23 per square foot per year.
Where does Realmo's Des Plaines market data come from?
Realmo compiles Des Plaines, IL figures from 7 recent recorded sales, 53 active sale listings, 75 active lease listings, 1,674 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 53 active for-sale and 75 active for-lease listings in Des Plaines, 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.
- 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
