Commercial Real Estate Market in Elburn, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
26 active listings and 309 off-market properties in Elburn, IL. Commercial property asks $188/SF to buy and $14.00/SF/Yr to lease.
Market Trends
Elburn, IL spans 49.6 square miles in Kane County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Elburn, 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 Elburn, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Elburn, 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 Elburn, 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
- Residential 82.4%
- Industrial 9.8%
- Civic 6.2%
- Agricultural 1.7%
Largest Zones share of zoned land by district
Single Unit Dwelling District
Single Unit Dwelling District
Light Manufacturing District
Regional Business District
Multiple Unit Dwelling District
Elburn, IL zones 2,027 acres across 10 districts. The largest single district is Single Unit Dwelling District at 66.1%. For commercial buyers the practical constraint is that only 9.8% of land carries a commercial or industrial designation.
Single Unit Dwelling District (R1)
The R-1 Single-Unit Dwelling District is established to accommodate residential development. The R-1 District allows single-unit dwellings, other residential uses, and limited non-residential uses that are compatible with surrounding residential neighborhoods.
Market overview
Demographics & Economy
Elburn, IL has 10,905 residents in 4,595 households. Density runs 220 people per square mile. Median household income here is $124,058 and median gross rent $1,620 a month.
10,905
Population
4,595
Households
2.4
Avg Household Size
41
Median Age
51%
College-Educated
98%
High-School Grad
49.6 sq mi
ZIP Area
220
Density / Sq Mi
$124,058
Median Household Income
$62,747
Median Earnings
$1,620
Median Rent
$366,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lafox | — | — |
| Lily Lake | — | — |
| Kaneville | — | — |
| Wasco | — | — |
Commercial property in Elburn, IL asks $188/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Elburn?
Commercial property in Elburn, IL asks an average of $188 per square foot.
How much does it cost to lease commercial space in Elburn?
Asking lease rates in Elburn, IL average $14.00 per square foot per year.
What zoning applies to commercial property in Elburn?
Elburn, IL zones 2,027 acres across 10 districts, of which 0% is commercial and 9.8% industrial. The largest single district is Single Unit Dwelling District at 66.1% of zoned land. The R-1 Single-Unit Dwelling District is established to accommodate residential development. The R-1 District allows single-unit dwellings, other residential uses, and limited non-residential uses that are compatible with surrounding residential neighborhoods. Residential zoning covers 82.4% and open space 0%.
Where does Realmo's Elburn market data come from?
Realmo compiles Elburn, IL figures from 6 recent recorded sales, 20 active sale listings, 6 active lease listings, 309 tracked off-market properties, the current Elburn zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 20 active for-sale and 6 active for-lease listings in Elburn, 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: 2,027 zoned acres across 10 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
