Commercial Real Estate Market in Lewistown, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 176 off-market properties in Lewistown, IL.
Market Trends
Lewistown, IL spans 113.1 square miles in Fulton County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lewistown, 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 Lewistown, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lewistown, 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 Lewistown, 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 45.9%
- Commercial 16.3%
- Industrial 9.8%
- Agricultural 0.4%
Largest Zones share of zoned land by district
Residential Plan
Manufactured Home District
General Commercial District
Light Industrial District
Industrial Heavy
Lewistown, IL zones 1,291 acres across 8 districts. Commercial zoning covers 16.3% of zoned land, residential 45.9% and industrial 9.8%. The largest single district is Residential Plan at 45.9%. For commercial buyers the practical constraint is that only 26.1% of land carries a commercial or industrial designation.
Manufactured Home District (M)
The intent of this to promote Manufactured homes uses
Market overview
Demographics & Economy
Lewistown, IL has 3,423 residents in 1,727 households. Density runs 30 people per square mile. Median household income here is $65,529 and median gross rent $683 a month.
3,423
Population
1,727
Households
2
Avg Household Size
48
Median Age
21%
College-Educated
95%
High-School Grad
113.1 sq mi
ZIP Area
30
Density / Sq Mi
$65,529
Median Household Income
$38,523
Median Earnings
$683
Median Rent
$115,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sepo | — | — |
| Bryant | — | — |
| Little America | — | — |
| Maples Mill | — | — |
Commercial property in Lewistown, IL asks $455/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lewistown?
Commercial property in Lewistown, IL asks an average of $455 per square foot.
What zoning applies to commercial property in Lewistown?
Lewistown, IL zones 1,291 acres across 8 districts, of which 16.3% is commercial and 9.8% industrial. The largest single district is Residential Plan at 45.9% of zoned land. Residential zoning covers 45.9% and open space 0%.
Where does Realmo's Lewistown market data come from?
Realmo compiles Lewistown, IL figures from 7 active sale listings, 176 tracked off-market properties, the current Lewistown zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Lewistown, 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: 1,291 zoned acres across 8 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
