Commercial Real Estate Market in Edwardsville, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
144 active listings and 925 off-market properties in Edwardsville, IL. Commercial property asks $96/SF to buy and $17.13/SF/Yr to lease.
Market Trends
Edwardsville, IL spans 113.3 square miles in Madison County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Edwardsville, 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 Edwardsville, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Edwardsville, 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 Edwardsville, IL asks $60/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 61.3%
- Industrial 25.2%
- Commercial 10.4%
- Open space 1.6%
- Civic 0.9%
- Mixed use 0.6%
Largest Zones share of zoned land by district
Single Family Residential District
Light Manufacturing District
Commercial Business District
Multiple Family Residential District
Pin Oak Commercial
Edwardsville, IL zones 13,281 acres across 15 districts. Commercial zoning covers 10.4% of zoned land, residential 61.3%, open space 1.6% and industrial 25.2%. The largest single district is Single Family Residential District at 56.2%. For commercial buyers the practical constraint is that only 35.6% of land carries a commercial or industrial designation.
Single Family Residential District (R-1)
Subject to all of the regulations of an R-1 single-family residential district until otherwise changed by an amendment to the zoning code, if so designated by council, attested by the city clerk only after such hearing and upon the adoption of a resolution or ordinance directing such execution, which resolution or ordinance must be passed by a vote of three-…
Market overview
Demographics & Economy
Edwardsville, IL has 36,426 residents in 14,354 households. Density runs 321 people per square mile. Median household income here is $103,300 and median gross rent $1,215 a month.
36,426
Population
14,354
Households
2.5
Avg Household Size
34
Median Age
53%
College-Educated
97%
High-School Grad
113.3 sq mi
ZIP Area
321
Density / Sq Mi
$103,300
Median Household Income
$52,904
Median Earnings
$1,215
Median Rent
$295,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glen Carbon | — | — |
| Fort Russell | — | — |
| South Roxana | — | — |
| Maryville | — | — |
Commercial property in Edwardsville, IL asks $96/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Edwardsville?
Commercial property in Edwardsville, IL asks an average of $96 per square foot. The 7 most recent recorded sales traded at a median of $142/SF. Multifamily carries the highest asking price at $60/SF.
How much does it cost to lease commercial space in Edwardsville?
Asking lease rates in Edwardsville, IL average $17.13 per square foot per year.
What zoning applies to commercial property in Edwardsville?
Edwardsville, IL zones 13,281 acres across 15 districts, of which 10.4% is commercial and 25.2% industrial. The largest single district is Single Family Residential District at 56.2% of zoned land. Subject to all of the regulations of an R-1 single-family residential district until otherwise changed by an amendment to the zoning code, if so designated by council, attested by the city clerk only after such hearing and upon the adoption of a resolution or ordinance directing such execution, which resolution or ordinance must be passed by a vote of three-… Residential zoning covers 61.3% and open space 1.6%.
Where does Realmo's Edwardsville market data come from?
Realmo compiles Edwardsville, IL figures from 7 recent recorded sales, 113 active sale listings, 31 active lease listings, 925 tracked off-market properties, the current Edwardsville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 113 active for-sale and 31 active for-lease listings in Edwardsville, 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: 13,281 zoned acres across 15 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
