Commercial Real Estate Market in Freeburg, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 259 off-market properties in Freeburg, IL.
Market Trends
Freeburg, IL spans 51.7 square miles in St. Clair County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Freeburg, 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 Freeburg, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Freeburg, 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 Freeburg, 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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 52.6%
- Agricultural 35.7%
- Commercial 6.8%
- Industrial 4.9%
Largest Zones share of zoned land by district
Single Family Residential Large Lot
Agricultural
Highway Business
Light Industrial
Moderate Industrial
Highway Business (B-2)
ARTICLE XI - “B-2" HIGHWAY BUSINESS DISTRICT 40-11-1 “B2" HIGHWAY BUSINESS DISTRICT. The "B-2" Highway Business District is i ntended to a ccommodate and regul ate strip commercial develo pments and compatible uses. Since such businesses, both retail and wholesale, draw their p atrons primarily from the motoring public, they typically require direct access t…
Market overview
Demographics & Economy
Freeburg, IL has 5,796 residents in 2,537 households. Density runs 112 people per square mile. Median household income here is $93,328 and median gross rent $1,100 a month.
5,796
Population
2,537
Households
2.3
Avg Household Size
45
Median Age
34%
College-Educated
95%
High-School Grad
51.7 sq mi
ZIP Area
112
Density / Sq Mi
$93,328
Median Household Income
$48,947
Median Earnings
$1,100
Median Rent
$268,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Smithton | — | — |
| Rentchler | — | — |
| Belleville | — | — |
| New Athens | — | — |
Commercial property in Freeburg, IL asks $179/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Freeburg?
Commercial property in Freeburg, IL asks an average of $179 per square foot. The 7 most recent recorded sales traded at a median of $192/SF. Multifamily carries the highest asking price at $85/SF.
Where does Realmo's Freeburg market data come from?
Realmo compiles Freeburg, IL figures from 8 recent recorded sales, 13 active sale listings, 259 tracked off-market properties, the current Freeburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 0 active for-lease listings in Freeburg, 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: 4,502 zoned acres across 10 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
