Commercial Real Estate Market in Kenilworth, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 50 off-market properties in Kenilworth, IL.
Market Trends
Kenilworth, IL spans 0.6 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Kenilworth, 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 Kenilworth, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Kenilworth, 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 Kenilworth, 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 89.4%
- Open space 5.9%
- Civic 1.6%
- Commercial 1.6%
Largest Zones share of zoned land by district
Single Family Residential
Single Family Residential
Single Family Residential
Park
Single Family Residential
Kenilworth, IL zones 293 acres across 10 districts. Commercial zoning covers 1.6% of zoned land, residential 89.4% and open space 5.9%. The largest single district is Single Family Residential at 48.8%. For commercial buyers the practical constraint is that only 1.6% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
In Districts R-1, R-2, R-3 and R-4, the minimum horizontal distance between the front or side of a building and the front lot line or the side lot line abutting a street of the lot on which the building is located, disregarding the structures and other things which by § 153.033 are permitted as obstructions in the front yard or side yard, as the case may be,…
Market overview
Demographics & Economy
Kenilworth, IL has 2,514 residents in 815 households. Density runs 4,139 people per square mile. Median household income here is $250,001 and median gross rent $3,501 a month.
2,514
Population
815
Households
3.1
Avg Household Size
42
Median Age
92%
College-Educated
100%
High-School Grad
0.6 sq mi
ZIP Area
4,139
Density / Sq Mi
$250,001
Median Household Income
$152,813
Median Earnings
$3,501
Median Rent
$1,409,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hubbard Woods | — | — |
| Evanston | — | $24.45 |
| Northfield | — | — |
| Glencoe | — | — |
Commercial property in Kenilworth, IL asks $421/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kenilworth?
Commercial property in Kenilworth, IL asks an average of $421 per square foot.
What zoning applies to commercial property in Kenilworth?
Kenilworth, IL zones 293 acres across 10 districts, of which 1.6% is commercial and 0% industrial. The largest single district is Single Family Residential at 48.8% of zoned land. In Districts R-1, R-2, R-3 and R-4, the minimum horizontal distance between the front or side of a building and the front lot line or the side lot line abutting a street of the lot on which the building is located, disregarding the structures and other things which by § 153.033 are permitted as obstructions in the front yard or side yard, as the case may be,… Residential zoning covers 89.4% and open space 5.9%.
Where does Realmo's Kenilworth market data come from?
Realmo compiles Kenilworth, IL figures from 3 recent recorded sales, 2 active sale listings, 50 tracked off-market properties, the current Kenilworth zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Kenilworth, 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: 293 zoned acres across 10 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
