Commercial Real Estate Market in Elmhurst, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
51 active listings and 806 off-market properties in Elmhurst, IL. Commercial property asks $112/SF to buy and $19.92/SF/Yr to lease.
Market Trends
Elmhurst, IL spans 11.2 square miles in DuPage County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Elmhurst, 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 Elmhurst, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Elmhurst, 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 Elmhurst, 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 66.6%
- Industrial 12.6%
- Open space 10.4%
- Commercial 6.3%
- Civic 4.1%
Largest Zones share of zoned land by district
Single Family Residence
Single Family Residence
Restricted Industrial
Conservation Recreation
General Commercial
Elmhurst, IL zones 6,596 acres across 21 districts. Commercial zoning covers 6.3% of zoned land, residential 66.6%, open space 10.4% and industrial 12.6%. The largest single district is Single Family Residence at 42.4%. For commercial buyers the practical constraint is that only 18.9% of land carries a commercial or industrial designation.
Single Family Residence (R2)
The R2 single family residence district is primarily designed to accommodate existing single family neighborhoods in the City, which are characterized by smaller recorded lots than required in the RE and R1 district
Market overview
Demographics & Economy
Elmhurst, IL has 48,147 residents in 18,687 households. Density runs 4,297 people per square mile. Median household income here is $143,333 and median gross rent $1,890 a month.
48,147
Population
18,687
Households
2.6
Avg Household Size
41
Median Age
62%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
4,297
Density / Sq Mi
$143,333
Median Household Income
$76,258
Median Earnings
$1,890
Median Rent
$527,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hillside | — | $20.33 |
| Villa Park | — | — |
| Bellwood | — | — |
| Oakbrook Terrace | — | $19.20 |
Commercial property in Elmhurst, IL asks $112/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Elmhurst?
Commercial property in Elmhurst, IL asks an average of $112 per square foot. The 4 most recent recorded sales traded at a median of $225/SF.
How much does it cost to lease commercial space in Elmhurst?
Asking lease rates in Elmhurst, IL average $19.92 per square foot per year.
What zoning applies to commercial property in Elmhurst?
Elmhurst, IL zones 6,596 acres across 21 districts, of which 6.3% is commercial and 12.6% industrial. The largest single district is Single Family Residence at 42.4% of zoned land. The R2 single family residence district is primarily designed to accommodate existing single family neighborhoods in the City, which are characterized by smaller recorded lots than required in the RE and R1 district Residential zoning covers 66.6% and open space 10.4%.
Where does Realmo's Elmhurst market data come from?
Realmo compiles Elmhurst, IL figures from 8 recent recorded sales, 18 active sale listings, 33 active lease listings, 806 tracked off-market properties, the current Elmhurst zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 33 active for-lease listings in Elmhurst, 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: 6,596 zoned acres across 21 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
