Commercial Real Estate Market in Des Plaines, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
104 active listings and 1,673 off-market properties in Des Plaines, IL. Commercial property asks $223/SF to buy and $20.00/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 October 2026.
Office
Office vacancy in Des Plaines, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Des Plaines, IL has a median asking sale price of $273/SF (based on 4 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily space in Des Plaines, IL has a median asking sale price of $193/SF (based on 3 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Mount Prospect | $728 | $29.00 |
| Glenview | $97 | $25.00 |
| Wheeling | $192 | $14.70 |
| Morton Grove | $89 | $11.13 |
Commercial property in Des Plaines, IL asks $223/SF. The 4 bordering markets run from $89/SF in Morton Grove to $728/SF in Mount Prospect, and the city sits above their $144/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Des Plaines?
How much does it cost to lease commercial space in Des Plaines?
How does Des Plaines compare to nearby markets on price?
Where does Realmo's Des Plaines market data come from?
Methodology & data sources
- Asking prices and medians
- There are 33 active for-sale and 71 active for-lease listings in Des Plaines, IL. The medians are based on 11 of the for-sale and 15 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.
- 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
