Commercial Real Estate Market in Eureka, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 373 off-market properties in Eureka, IL.
Market Trends
Eureka, IL spans 63.7 square miles in Woodford County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Eureka, 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 Eureka, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Eureka, 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 Eureka, 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 63.6%
- Agricultural 19.1%
- Commercial 10.3%
- Civic 6.1%
- Industrial 1%
Largest Zones share of zoned land by district
Single Family Residential Only
Multiple Family Residential
Agricultural
General Retail District
Planned Residential District
Eureka, IL zones 1,526 acres across 7 districts. Commercial zoning covers 10.3% of zoned land, residential 63.6% and industrial 1%. The largest single district is Single Family Residential Only at 38.8%. For commercial buyers the practical constraint is that only 11.3% of land carries a commercial or industrial designation.
Single Family Residential Only (R-1)
R-1 Residential District is intended to include those portions of the city developed predominantly with one family dwellings or individual lots where it is deemed desirable to maintain and encourage this pattern of development
Market overview
Demographics & Economy
Eureka, IL has 6,698 residents in 2,804 households. Density runs 105 people per square mile. Median household income here is $68,631 and median gross rent $690 a month.
6,698
Population
2,804
Households
2.4
Avg Household Size
38
Median Age
34%
College-Educated
97%
High-School Grad
63.7 sq mi
ZIP Area
105
Density / Sq Mi
$68,631
Median Household Income
$42,050
Median Earnings
$690
Median Rent
$166,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Goodfield | — | — |
| Roanoke | — | — |
| Metamora | — | — |
| Deer Creek | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Eureka?
Eureka, IL zones 1,526 acres across 7 districts, of which 10.3% is commercial and 1% industrial. The largest single district is Single Family Residential Only at 38.8% of zoned land. R-1 Residential District is intended to include those portions of the city developed predominantly with one family dwellings or individual lots where it is deemed desirable to maintain and encourage this pattern of development Residential zoning covers 63.6% and open space 0%.
Where does Realmo's Eureka market data come from?
Realmo compiles Eureka, IL figures from 34 active sale listings, 2 active lease listings, 373 tracked off-market properties, the current Eureka zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 34 active for-sale and 2 active for-lease listings in Eureka, 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: 1,526 zoned acres across 7 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
