Commercial Real Estate Market in Lake Barrington, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 176 off-market properties in Lake Barrington, IL.
Market Trends
Lake Barrington, IL spans 88.1 square miles in Lake County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lake Barrington, 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 Lake Barrington, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lake Barrington, 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 Lake Barrington, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Lake Barrington, IL has 63,394 residents in 24,432 households. Density runs 719 people per square mile. Median household income here is $156,208 and median gross rent $2,139 a month.
63,394
Population
24,432
Households
2.6
Avg Household Size
46
Median Age
61%
College-Educated
96%
High-School Grad
88.1 sq mi
ZIP Area
719
Density / Sq Mi
$156,208
Median Household Income
$77,656
Median Earnings
$2,139
Median Rent
$531,676
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| North Barrington | — | — |
| Fox River Grove | — | — |
| Port Barrington | — | — |
| Wauconda | — | — |
Commercial property in Lake Barrington, IL asks $5/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lake Barrington?
Commercial property in Lake Barrington, IL asks an average of $5 per square foot.
Where does Realmo's Lake Barrington market data come from?
Realmo compiles Lake Barrington, IL figures from 7 recent recorded sales, 2 active sale listings, 176 tracked off-market properties. 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 Lake Barrington, 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 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
