Commercial Real Estate Market in Kildeer, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
461 active listings and 5,315 off-market properties in Kildeer, IL. Commercial property asks $32/SF to buy and $17.85/SF/Yr to lease.
Market Trends
Kildeer, IL spans 116.1 square miles in Lake County, Illinois. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Kildeer, 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 Kildeer, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Kildeer, 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 Kildeer, 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 87.4%
- Planned_development 8.6%
- Commercial 3.7%
Largest Zones share of zoned land by district
Single Family Residence
Single Family Residence
General Business
Planned Development
Planned Development
Kildeer, IL zones 2,862 acres across 7 districts. Commercial zoning covers 3.7% of zoned land, residential 87.4%. The largest single district is Single Family Residence at 83.4%. For commercial buyers the practical constraint is that only 3.7% of land carries a commercial or industrial designation.
Single Family Residence (R-2)
PLAN ADOPTED: 5-1-8: PROPERTY GOVERNED BY INTER-GOVERNMENTAL BOUNDARY AGREEMENTS: CHAPTER 2 GENERAL PROVISIONS AND REQUIREMENTS CHAPTER 3 ZONING DISTRICTS AND MAP CHAPTER 4 R-1 SINGLE-FAMILY RESIDENCE DISTRICT CHAPTER 5 R-2 SINGLE-FAMILY RESIDENCE DISTRICT CHAPTER 6 PD-1 DISTRICT CHAPTER 7 PD-2 DISTRICT CHAPTER 8 PD-3 DISTRICT CHAPTER 9 PD-4 DISTRICT CHAPTER…
Market overview
Demographics & Economy
Kildeer, IL has 128,014 residents in 48,451 households. Density runs 1,103 people per square mile. Median household income here is $146,928 and median gross rent $1,935 a month.
128,014
Population
48,451
Households
2.6
Avg Household Size
43
Median Age
61%
College-Educated
94%
High-School Grad
116.1 sq mi
ZIP Area
1,103
Density / Sq Mi
$146,928
Median Household Income
$72,983
Median Earnings
$1,935
Median Rent
$491,335
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Palatine | — | $25.18 |
| Buffalo Grove | — | $14.50 |
| Vernon Hills | — | $17.13 |
Commercial property in Kildeer, IL asks $32/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kildeer?
Commercial property in Kildeer, IL asks an average of $32 per square foot. The 3 most recent recorded sales traded at a median of $125/SF.
How much does it cost to lease commercial space in Kildeer?
Asking lease rates in Kildeer, IL average $17.85 per square foot per year.
What zoning applies to commercial property in Kildeer?
Kildeer, IL zones 2,862 acres across 7 districts, of which 3.7% is commercial and 0% industrial. The largest single district is Single Family Residence at 83.4% of zoned land. Residential zoning covers 87.4% and open space 0%.
Where does Realmo's Kildeer market data come from?
Realmo compiles Kildeer, IL figures from 8 recent recorded sales, 227 active sale listings, 234 active lease listings, 5,315 tracked off-market properties, the current Kildeer zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 227 active for-sale and 234 active for-lease listings in Kildeer, 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: 2,862 zoned acres across 7 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 30 September 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 30 September 2026 · report a data issue
