Commercial Real Estate Market in Le Roy, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 159 off-market properties in Le Roy, IL. Commercial property asks $189/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Le Roy, IL spans 86.4 square miles in McLean County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Le Roy, 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 Le Roy, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Le Roy, 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 Le Roy, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Le Roy, IL has 4,250 residents in 1,880 households. Density runs 49 people per square mile. Median household income here is $86,845 and median gross rent $791 a month.
4,250
Population
1,880
Households
2.3
Avg Household Size
41
Median Age
37%
College-Educated
97%
High-School Grad
86.4 sq mi
ZIP Area
49
Density / Sq Mi
$86,845
Median Household Income
$50,248
Median Earnings
$791
Median Rent
$176,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sabina | — | — |
| Downs | — | — |
| Dawson Township | — | — |
| Padua | — | — |
Commercial property in Le Roy, IL asks $189/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Le Roy?
Commercial property in Le Roy, IL asks an average of $189 per square foot.
How much does it cost to lease commercial space in Le Roy?
Asking lease rates in Le Roy, IL average $12.00 per square foot per year.
Where does Realmo's Le Roy market data come from?
Realmo compiles Le Roy, IL figures from 3 recent recorded sales, 11 active sale listings, 3 active lease listings, 159 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 11 active for-sale and 3 active for-lease listings in Le Roy, 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
