Commercial Real Estate Market in Herrin, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 549 off-market properties in Herrin, IL.
Market Trends
Herrin, IL spans 20.0 square miles in Williamson County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Herrin, 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 Herrin, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Herrin, 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 Herrin, 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 73.3%
- Commercial 13.8%
- Industrial 5.6%
- Agricultural 5.4%
- Civic 1.7%
- Planned_development 0.2%
Largest Zones share of zoned land by district
One Family Dwelling District
Highway Business District
General Industrial District
Agricultural District
Multiple Family Dwelling District
Herrin, IL zones 6,410 acres across 12 districts. Commercial zoning covers 13.8% of zoned land, residential 73.3% and industrial 5.6%. The largest single district is One Family Dwelling District at 67%. For commercial buyers the practical constraint is that only 19.4% of land carries a commercial or industrial designation.
Highway Business District (B-2)
Within the B -2 (Highway Business District), uses and construction shall be compatible with surrounding structures and uses. Steel building construction and wood frame metal buildings shall only be permitted when the exterior of the building is finished with a brick, wood, or vinyl, that is compatible with surrounding buildings. The phrase “surrounding build…
Market overview
Demographics & Economy
Herrin, IL has 12,536 residents in 6,177 households. Density runs 625 people per square mile. Median household income here is $59,031 and median gross rent $1,010 a month.
12,536
Population
6,177
Households
2
Avg Household Size
40
Median Age
24%
College-Educated
92%
High-School Grad
20 sq mi
ZIP Area
625
Density / Sq Mi
$59,031
Median Household Income
$40,633
Median Earnings
$1,010
Median Rent
$112,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Paineville | — | — |
| Energy | — | — |
| Colp | — | — |
| Carterville | — | — |
Commercial property in Herrin, IL asks $8/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Herrin?
Commercial property in Herrin, IL asks an average of $8 per square foot.
What zoning applies to commercial property in Herrin?
Herrin, IL zones 6,410 acres across 12 districts, of which 13.8% is commercial and 5.6% industrial. The largest single district is One Family Dwelling District at 67% of zoned land. Residential zoning covers 73.3% and open space 0%.
Where does Realmo's Herrin market data come from?
Realmo compiles Herrin, IL figures from 9 active sale listings, 549 tracked off-market properties, the current Herrin zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 0 active for-lease listings in Herrin, 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: 6,410 zoned acres across 12 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
