Commercial Real Estate Market in Glenview, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
36 active listings and 849 off-market properties in Glenview, IL. Commercial property asks $97/SF to buy (based on 5 listings) and $25.00/SF/Yr to lease (based on 5 listings).
Market Trends
Glenview, IL spans 14.6 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Glenview, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Glenview, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Glenview, 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 Glenview, 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 56.1%
- Industrial 9.1%
- Planned_development 8%
- Commercial 6.3%
- Mixed use 0.8%
- Civic 0.6%
Largest Zones share of zoned land by district
Glenview, IL zones 9,275 acres across 22 districts. Commercial zoning covers 6.3% of zoned land, residential 56.1% and industrial 9.1%. The largest single district is Residential at 22.6%. For commercial buyers the practical constraint is that only 15.4% of land carries a commercial or industrial designation.
A district designed for single-family dwellings at an approximate density of four dwelling units per acre, specifically not less than 10,000 square feet per dwelling unit.
Market overview
Demographics & Economy
Glenview, IL has 55,774 residents in 22,747 households. Density runs 3,829 people per square mile. Median household income here is $129,549 and median gross rent $1,777 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Morton Grove | $89 | $11.13 |
| Des Plaines | $223 | $20.00 |
Commercial property in Glenview, IL asks $97/SF. The 2 bordering markets run from $89/SF in Morton Grove to $223/SF in Des Plaines, and the city sits below their $156/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Glenview?
How much does it cost to lease commercial space in Glenview?
How does Glenview compare to nearby markets on price?
What zoning applies to commercial property in Glenview?
Where does Realmo's Glenview market data come from?
Methodology & data sources
- Asking prices and medians
- There are 14 active for-sale and 22 active for-lease listings in Glenview, IL. The medians are based on 5 of the for-sale and 5 of the for-lease listings, those that state a price or rent per square foot. 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: 9,275 zoned acres across 22 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
