Commercial Real Estate Market in Lombard, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
72 active listings and 856 off-market properties in Lombard, IL. Commercial property asks $226/SF to buy (based on 3 listings) and $14.38/SF/Yr to lease.
Market Trends
Lombard, IL spans 13.8 square miles in DuPage County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Lombard, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Lombard, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily vacancy in Lombard, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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
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.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Villa Park | $254 | $14.66 |
| Oakbrook Terrace | $153 | $15.00 |
| Elmhurst | $179 | $24.60 |
| Downers Grove | $341 | $22.00 |
Commercial property in Lombard, IL asks $226/SF. The 4 bordering markets run from $153/SF in Oakbrook Terrace to $341/SF in Downers Grove, and the city sits above their $216/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Lombard?
How much does it cost to lease commercial space in Lombard?
How does Lombard compare to nearby markets on price?
What zoning applies to commercial property in Lombard?
Where does Realmo's Lombard market data come from?
Methodology & data sources
- Asking prices and medians
- There are 23 active for-sale and 49 active for-lease listings in Lombard, IL. The medians are based on 3 of the for-sale and 12 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
