Commercial Real Estate Market in Lombard, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
102 active listings and 857 off-market properties in Lombard, IL. Commercial property asks $26/SF to buy and $16.96/SF/Yr to lease.
Market Trends
Lombard, IL spans 13.8 square miles in DuPage County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lombard, 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 Lombard, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lombard, 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 Lombard, 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 54.4%
- Planned_development 25.2%
- Open space 9.2%
- Industrial 5.6%
- Commercial 3.8%
- Civic 1.8%
Largest Zones share of zoned land by district
Single Family Residential
Conservation Recreation District
General Residential Planned Development
Community Shopping District Planned Development
Limited Industrial District
Lombard, IL zones 6,308 acres across 33 districts. Commercial zoning covers 3.8% of zoned land, residential 54.4%, open space 9.2% and industrial 5.6%. The largest single district is Single Family Residential at 50%. For commercial buyers the practical constraint is that only 9.4% of land carries a commercial or industrial designation.
Single Family Residential (R2)
The R2 Single family ResidenceDistrictis intended to accommodate existing single family neighborhoods in the core of the village
Market overview
Demographics & Economy
Lombard, IL has 52,794 residents in 21,744 households. Density runs 3,819 people per square mile. Median household income here is $96,606 and median gross rent $1,805 a month.
52,794
Population
21,744
Households
2.4
Avg Household Size
40
Median Age
48%
College-Educated
96%
High-School Grad
13.8 sq mi
ZIP Area
3,819
Density / Sq Mi
$96,606
Median Household Income
$53,675
Median Earnings
$1,805
Median Rent
$328,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lombardville | — | — |
| Villa Park | — | — |
| Glen Ellyn | — | — |
| Oakbrook Terrace | — | $19.20 |
Commercial property in Lombard, IL asks $26/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lombard?
Commercial property in Lombard, IL asks an average of $26 per square foot. The 6 most recent recorded sales traded at a median of $150/SF.
How much does it cost to lease commercial space in Lombard?
Asking lease rates in Lombard, IL average $16.96 per square foot per year.
What zoning applies to commercial property in Lombard?
Lombard, IL zones 6,308 acres across 33 districts, of which 3.8% is commercial and 5.6% industrial. The largest single district is Single Family Residential at 50% of zoned land. The R2 Single family ResidenceDistrictis intended to accommodate existing single family neighborhoods in the core of the village Residential zoning covers 54.4% and open space 9.2%.
Where does Realmo's Lombard market data come from?
Realmo compiles Lombard, IL figures from 6 recent recorded sales, 52 active sale listings, 50 active lease listings, 857 tracked off-market properties, the current Lombard zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 52 active for-sale and 50 active for-lease listings in Lombard, 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: 6,308 zoned acres across 33 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
