Commercial Real Estate Market in Heyworth, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 114 off-market properties in Heyworth, IL.
Market Trends
Heyworth, IL spans 74.4 square miles in McLean County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Heyworth, 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 Heyworth, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Heyworth, 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 Heyworth, 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 41.6%
- Industrial 26.7%
- Agricultural 16.7%
- Commercial 6.3%
- Civic 4.3%
- Open space 2.7%
- Planned_development 1.7%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Single Family Residence District
Restricted Manufacturing District
Agricultural District
Commercial District
Public Use Government Utilities District
Heyworth, IL zones 2,191 acres across 12 districts. Commercial zoning covers 6.3% of zoned land, residential 41.6%, open space 2.7% and industrial 26.7%. The largest single district is Single Family Residence District at 40.9%. For commercial buyers the practical constraint is that only 32.9% of land carries a commercial or industrial designation.
Single Family Residence District (R1)
The intent of the R1 single family residence district is to provide primarily for the establishment of areas characterized by single family detached dwellings, while recognizing the potential compatibility of duplex units, zero lot line two family dwellings, and multi family dwellings of up to 4 as special uses. In addition to these dwellings, related recrea…
Market overview
Demographics & Economy
Heyworth, IL has 4,331 residents in 1,645 households. Density runs 58 people per square mile. Median household income here is $102,696 and median gross rent $1,013 a month.
4,331
Population
1,645
Households
2.6
Avg Household Size
40
Median Age
36%
College-Educated
98%
High-School Grad
74.4 sq mi
ZIP Area
58
Density / Sq Mi
$102,696
Median Household Income
$60,353
Median Earnings
$1,013
Median Rent
$209,300
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Heyworth?
Heyworth, IL zones 2,191 acres across 12 districts, of which 6.3% is commercial and 26.7% industrial. The largest single district is Single Family Residence District at 40.9% of zoned land. The intent of the R1 single family residence district is to provide primarily for the establishment of areas characterized by single family detached dwellings, while recognizing the potential compatibility of duplex units, zero lot line two family dwellings, and multi family dwellings of up to 4 as special uses. In addition to these dwellings, related recrea… Residential zoning covers 41.6% and open space 2.7%.
Where does Realmo's Heyworth market data come from?
Realmo compiles Heyworth, IL figures from 7 recent recorded sales, 6 active sale listings, 114 tracked off-market properties, the current Heyworth zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Heyworth, 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: 2,191 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
