Commercial Real Estate Market in Genoa, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
7 active listings and 234 off-market properties in Genoa, IL.
Market Trends
Genoa, IL spans 46.8 square miles in DeKalb County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Genoa, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Genoa, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Genoa, 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%.
Multifamily
Multifamily vacancy in Genoa, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 57.1%
- Commercial 25.9%
- Industrial 15.7%
- Civic 1.3%
Largest Zones share of zoned land by district
Genoa, IL zones 1,732 acres across 9 districts. Commercial zoning covers 25.9% of zoned land, residential 57.1% and industrial 15.7%. The largest single district is Suburban Residential District at 30.2%. For commercial buyers the practical constraint is that only 41.6% of land carries a commercial or industrial designation.
The Suburban Residential District is established to provide and maintain area for development of low density single family residences on generally uniform lots. This district is intended for the exclusive development of detached single family residences served by municipal water and sewer.
Market overview
Demographics & Economy
Genoa, IL has 7,292 residents in 2,923 households. Density runs 156 people per square mile. Median household income here is $87,935 and median gross rent $1,038 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Genoa?
What zoning applies to commercial property in Genoa?
Where does Realmo's Genoa market data come from?
Methodology & data sources
- Asking prices and medians
- There are 6 active for-sale and 1 active for-lease listings in Genoa, IL. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 1,732 zoned acres across 9 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
