Commercial Real Estate Market in Eleroy, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 16 off-market properties in Eleroy, IL.
Market Trends
Eleroy, IL spans 0.5 square miles in Stephenson County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Eleroy, 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 Eleroy, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Eleroy, 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 Eleroy, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Eleroy, IL has 47 residents in 19 households. Density runs 93 people per square mile.
47
Population
19
Households
2.5
Avg Household Size
26
Median Age
70%
College-Educated
100%
High-School Grad
0.5 sq mi
ZIP Area
93
Density / Sq Mi
$0
Median Household Income
$0
Median Earnings
$0
Median Rent
$0
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lena | — | — |
| Scioto Mills | — | — |
| Pearl City | — | — |
| Cedarville | — | — |
Commercial property in Eleroy, IL asks $33/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Eleroy?
Commercial property in Eleroy, IL asks an average of $33 per square foot.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Eleroy, 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
