Commercial Real Estate Market in Fairview Heights, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
64 active listings and 463 off-market properties in Fairview Heights, IL. Commercial property asks $67/SF to buy and $20.00/SF/Yr to lease.
Market Trends
Fairview Heights, IL spans 13.4 square miles in St. Clair County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Fairview Heights, 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 Fairview Heights, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Fairview Heights, 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 space in Fairview Heights, IL asks $85/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Fairview Heights, IL has 16,992 residents in 8,148 households. Density runs 1,269 people per square mile. Median household income here is $78,423 and median gross rent $1,222 a month.
16,992
Population
8,148
Households
2.1
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
13.4 sq mi
ZIP Area
1,269
Density / Sq Mi
$78,423
Median Household Income
$42,640
Median Earnings
$1,222
Median Rent
$167,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hollywood Heights | — | — |
| Caseyville | — | — |
| Swansea | — | — |
| Centreville | — | — |
Commercial property in Fairview Heights, IL asks $67/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fairview Heights?
Commercial property in Fairview Heights, IL asks an average of $67 per square foot. The 7 most recent recorded sales traded at a median of $196/SF. Multifamily carries the highest asking price at $85/SF.
How much does it cost to lease commercial space in Fairview Heights?
Asking lease rates in Fairview Heights, IL average $20.00 per square foot per year.
Where does Realmo's Fairview Heights market data come from?
Realmo compiles Fairview Heights, IL figures from 8 recent recorded sales, 32 active sale listings, 32 active lease listings, 463 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 32 active for-sale and 32 active for-lease listings in Fairview Heights, 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
