Commercial Real Estate Market in Lindenhurst, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
17 active listings and 143 off-market properties in Lindenhurst, IL.
Market Trends
Lindenhurst, IL spans 23.0 square miles in Lake County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lindenhurst, 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 Lindenhurst, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lindenhurst, 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 Lindenhurst, 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 42.4%
- Planned_development 34.5%
- Commercial 12%
- Open space 7.8%
- Civic 3.3%
- Industrial 0%
Largest Zones share of zoned land by district
Suburban Neighborhood Conservancy District
Planned Unit Development District
Planned Unit Development District
Recreational And Open Space District
Community Business District
Suburban Neighborhood Conservancy District (R-1)
R-1 Suburban Neighborhood Conservancy District. (5) Be served by public sanitary sewer and water supply facilities. (C) S Suburban District: The S Suburban Single-Family Residential District is intended to: (1) Provide for new development in areas in a manner that is consistent with the Village of Lindenhurst Comprehensive Plan and components thereof. (2) Pr…
Market overview
Demographics & Economy
Lindenhurst, IL has 34,690 residents in 12,544 households. Density runs 1,511 people per square mile. Median household income here is $122,376 and median gross rent $1,645 a month.
34,690
Population
12,544
Households
2.8
Avg Household Size
41
Median Age
42%
College-Educated
94%
High-School Grad
23 sq mi
ZIP Area
1,511
Density / Sq Mi
$122,376
Median Household Income
$58,297
Median Earnings
$1,645
Median Rent
$282,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Venetian Village | — | — |
| Lake Villa | — | — |
| Third Lake | — | — |
| Old Mill Creek | — | — |
Commercial property in Lindenhurst, IL asks $90/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lindenhurst?
Commercial property in Lindenhurst, IL asks an average of $90 per square foot. The 3 most recent recorded sales traded at a median of $98/SF.
Where does Realmo's Lindenhurst market data come from?
Realmo compiles Lindenhurst, IL figures from 8 recent recorded sales, 12 active sale listings, 5 active lease listings, 143 tracked off-market properties, the current Lindenhurst zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 5 active for-lease listings in Lindenhurst, 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: 3,122 zoned acres across 15 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
