Commercial Real Estate Market in La Salle, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
38 active listings and 650 off-market properties in La Salle, IL. Commercial property asks $261/SF to buy and $16.50/SF/Yr to lease.
Market Trends
La Salle, IL spans 42.3 square miles in LaSalle County, Illinois. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in La Salle, 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 La Salle, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in La Salle, 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 La Salle, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
La Salle, IL has 10,375 residents in 4,832 households. Density runs 246 people per square mile. Median household income here is $59,260 and median gross rent $1,010 a month.
10,375
Population
4,832
Households
2.1
Avg Household Size
40
Median Age
15%
College-Educated
87%
High-School Grad
42.3 sq mi
ZIP Area
246
Density / Sq Mi
$59,260
Median Household Income
$35,542
Median Earnings
$1,010
Median Rent
$117,800
Median Home Value
Tools
Nearby Markets
Commercial property in La Salle, IL asks $261/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in La Salle?
Commercial property in La Salle, IL asks an average of $261 per square foot. The 7 most recent recorded sales traded at a median of $20/SF, so asking sits 1207% above the achieved median.
How much does it cost to lease commercial space in La Salle?
Asking lease rates in La Salle, IL average $16.50 per square foot per year.
Where does Realmo's La Salle market data come from?
Realmo compiles La Salle, IL figures from 8 recent recorded sales, 34 active sale listings, 4 active lease listings, 650 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 34 active for-sale and 4 active for-lease listings in La Salle, 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.
- 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
