Commercial Real Estate Market in Glenview, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
53 active listings and 850 off-market properties in Glenview, IL. Commercial property asks $141/SF to buy and $19.88/SF/Yr to lease.
Market Trends
Glenview, IL spans 14.6 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Glenview, 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 Glenview, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Glenview, 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 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
Residential
Public Land Use
Residential
Light Industrial
Planned Development
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.
Residential (R-4)
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.
55,774
Population
22,747
Households
2.5
Avg Household Size
46
Median Age
65%
College-Educated
97%
High-School Grad
14.6 sq mi
ZIP Area
3,829
Density / Sq Mi
$129,549
Median Household Income
$69,613
Median Earnings
$1,777
Median Rent
$551,627
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Techny | — | — |
| Golf | — | — |
| Northfield | — | — |
| Morton Grove | — | $10.25 |
Commercial property in Glenview, IL asks $141/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Glenview?
Commercial property in Glenview, IL asks an average of $141 per square foot.
How much does it cost to lease commercial space in Glenview?
Asking lease rates in Glenview, IL average $19.88 per square foot per year.
What zoning applies to commercial property in Glenview?
Glenview, IL zones 9,275 acres across 22 districts, of which 6.3% is commercial and 9.1% industrial. The largest single district is Residential at 22.6% of zoned land. 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. Residential zoning covers 56.1% and open space 0%.
Where does Realmo's Glenview market data come from?
Realmo compiles Glenview, IL figures from 7 recent recorded sales, 32 active sale listings, 21 active lease listings, 850 tracked off-market properties, the current Glenview zoning release. 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 21 active for-lease listings in Glenview, 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: 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 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
