Commercial Real Estate Market in Ellsworth, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 25 off-market properties in Ellsworth, IL.
Market Trends
Ellsworth, IL spans 34.3 square miles in McLean County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Ellsworth, 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 Ellsworth, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Ellsworth, 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 Ellsworth, 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 83.7%
- Industrial 6.5%
- Commercial 5.3%
Largest Zones share of zoned land by district
Residential
Industrial
Business
Public Land
Ellsworth, IL zones 87 acres across 4 districts. Commercial zoning covers 5.3% of zoned land, residential 83.7% and industrial 6.5%. The largest single district is Residential at 83.7%. For commercial buyers the practical constraint is that only 11.8% of land carries a commercial or industrial designation.
Industrial (I)
The purpose of IND zone is to provide auto body shops, brick, tile, or terra cotta manufacture, canning, packing, preserving, and bottling of foodstuff and non alcoholic beverages, food manufacturing plants, iron, steel, brass, or copper foundry or fabrication plants
Market overview
Demographics & Economy
Ellsworth, IL has 444 residents in 202 households. Density runs 13 people per square mile. Median household income here is $72,813 and median gross rent $917 a month.
444
Population
202
Households
2.2
Avg Household Size
51
Median Age
22%
College-Educated
96%
High-School Grad
34.3 sq mi
ZIP Area
13
Density / Sq Mi
$72,813
Median Household Income
$42,656
Median Earnings
$917
Median Rent
$154,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dawson Township | — | — |
| Padua | — | — |
| Holder | — | — |
| Cooksville | — | — |
Commercial property in Ellsworth, IL asks $155/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Ellsworth?
Commercial property in Ellsworth, IL asks an average of $155 per square foot.
What zoning applies to commercial property in Ellsworth?
Ellsworth, IL zones 87 acres across 4 districts, of which 5.3% is commercial and 6.5% industrial. The largest single district is Residential at 83.7% of zoned land. Residential zoning covers 83.7% and open space 0%.
Where does Realmo's Ellsworth market data come from?
Realmo compiles Ellsworth, IL figures from 6 active sale listings, 25 tracked off-market properties, the current Ellsworth zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Ellsworth, 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: 87 zoned acres across 4 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
