Commercial Real Estate Market in Hainesville, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 83 off-market properties in Hainesville, IL.
Market Trends
Hainesville, IL spans 45.2 square miles in Lake County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hainesville, 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 Hainesville, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Hainesville, 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 Hainesville, 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
- Agricultural 55.5%
- Civic 31.3%
- Commercial 11%
- Industrial 2.3%
Largest Zones share of zoned land by district
Agricultural District
Single Family Detached Residence
Commercial And Business
Single Family Attached And Multifamily Residence
Office Research And Development
Agricultural District (AG)
The AG District is intended to provide an environment suitable for and limited to those uses, activities, and structures related to agriculture
Market overview
Demographics & Economy
Hainesville, IL has 98,067 residents in 35,870 households. Density runs 2,168 people per square mile. Median household income here is $98,964 and median gross rent $1,485 a month.
98,067
Population
35,870
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
87%
High-School Grad
45.2 sq mi
ZIP Area
2,168
Density / Sq Mi
$98,964
Median Household Income
$47,875
Median Earnings
$1,485
Median Rent
$238,030
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Round Lake Park | — | — |
| Grayslake | — | $15.83 |
| Round Lake | — | — |
| Round Lake Beach | — | — |
Frequently Asked Questions
Where does Realmo's Hainesville market data come from?
Realmo compiles Hainesville, IL figures from 2 recent recorded sales, 1 active sale listings, 83 tracked off-market properties, the current Hainesville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Hainesville, 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: 1,211 zoned acres across 5 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
