Commercial Real Estate Market in Maywood, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
69 active listings and 1,842 off-market properties in Maywood, IL. Commercial property asks $189/SF to buy and $17.16/SF/Yr to lease.
Market Trends
Maywood, IL spans 4.7 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Maywood, 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 Maywood, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Maywood, 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 Maywood, 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 73.5%
- Commercial 7.7%
- Industrial 5.8%
- Civic 4.6%
- Open space 4.4%
- Mixed use 4%
Largest Zones share of zoned land by district
Single Family Residential
Two Family Residential
Single Family Residential
Multifamily Residential
Pedestrian Oriented Commercial
Maywood, IL zones 1,749 acres across 14 districts. Commercial zoning covers 7.7% of zoned land, residential 73.5%, open space 4.4% and industrial 5.8%. The largest single district is Single Family Residential at 47.3%. For commercial buyers the practical constraint is that only 13.5% of land carries a commercial or industrial designation.
Single Family Residential (R-2)
R-2 Single-Family Residential Zoning District See Section 7 of Village of Maywood Zoning Ordinance Purpose Statement The R-2 Single-Family Residential Zoning District is intended for those areas of single-family homes located upon zoning lots typical to single-family housing within the Village. Limited nonresidential uses that are compatible with surrounding…
Market overview
Demographics & Economy
Maywood, IL has 31,523 residents in 11,616 households. Density runs 6,714 people per square mile. Median household income here is $64,767 and median gross rent $1,175 a month.
31,523
Population
11,616
Households
2.7
Avg Household Size
38
Median Age
16%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
6,714
Density / Sq Mi
$64,767
Median Household Income
$43,825
Median Earnings
$1,175
Median Rent
$219,716
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Broadview | — | $17.16 |
| Melrose Park | — | — |
Commercial property in Maywood, IL asks $189/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Maywood?
Commercial property in Maywood, IL asks an average of $189 per square foot.
How much does it cost to lease commercial space in Maywood?
Asking lease rates in Maywood, IL average $17.16 per square foot per year.
What zoning applies to commercial property in Maywood?
Maywood, IL zones 1,749 acres across 14 districts, of which 7.7% is commercial and 5.8% industrial. The largest single district is Single Family Residential at 47.3% of zoned land. R-2 Single-Family Residential Zoning District See Section 7 of Village of Maywood Zoning Ordinance Purpose Statement The R-2 Single-Family Residential Zoning District is intended for those areas of single-family homes located upon zoning lots typical to single-family housing within the Village. Limited nonresidential uses that are compatible with surrounding… Residential zoning covers 73.5% and open space 4.4%.
Where does Realmo's Maywood market data come from?
Realmo compiles Maywood, IL figures from 6 recent recorded sales, 49 active sale listings, 20 active lease listings, 1,842 tracked off-market properties, the current Maywood zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 49 active for-sale and 20 active for-lease listings in Maywood, 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: 1,749 zoned acres across 14 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 30 September 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 30 September 2026 · report a data issue
