Commercial Real Estate Market in Durand, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 121 off-market properties in Durand, IL.
Market Trends
Durand, IL spans 59.1 square miles in Winnebago County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Durand, 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 Durand, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Durand, 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 Durand, IL asks $89/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 77%
- Commercial 11.8%
- Industrial 2.2%
Largest Zones share of zoned land by district
Residential Single Family
Public Use
Commercial General District
Commercial Retail District
Two Family Residential
Durand, IL zones 589 acres across 8 districts. Commercial zoning covers 11.8% of zoned land, residential 77% and industrial 2.2%. The largest single district is Residential Single Family at 70.7%. For commercial buyers the practical constraint is that only 14% of land carries a commercial or industrial designation.
Commercial General District (CG)
A. Any use which may be allowed as a permitted use of special use in the CG Commercial General District. B. Airport or aircraft landing fields. C. Stadiums, auditoriums, and arenas. D. Theaters, outdoor drive-in. 803.2 IH Heavy Industrial District. A. Any use which may be allowed as a special use in the IL District. B. Explosive, processing and production. C…
Market overview
Demographics & Economy
Durand, IL has 2,456 residents in 1,024 households. Density runs 42 people per square mile. Median household income here is $73,152 and median gross rent $722 a month.
2,456
Population
1,024
Households
2.4
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
59.1 sq mi
ZIP Area
42
Density / Sq Mi
$73,152
Median Household Income
$46,094
Median Earnings
$722
Median Rent
$153,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Davis | — | — |
| Shirland | — | — |
| Rock City | — | — |
| Harrison | — | — |
Commercial property in Durand, IL asks $238/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Durand?
Commercial property in Durand, IL asks an average of $238 per square foot. Multifamily carries the highest asking price at $89/SF.
What zoning applies to commercial property in Durand?
Durand, IL zones 589 acres across 8 districts, of which 11.8% is commercial and 2.2% industrial. The largest single district is Residential Single Family at 70.7% of zoned land. Residential zoning covers 77% and open space 0%.
Where does Realmo's Durand market data come from?
Realmo compiles Durand, IL figures from 3 recent recorded sales, 7 active sale listings, 121 tracked off-market properties, the current Durand zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Durand, 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: 589 zoned acres across 8 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
