Commercial Real Estate Market in Metropolis, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
22 active listings and 407 off-market properties in Metropolis, IL.
Market Trends
Metropolis, IL spans 112.8 square miles in Massac County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Metropolis, 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 Metropolis, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Metropolis, 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 Metropolis, 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
- Civic 35%
- Open space 24.3%
- Residential 19.2%
- Commercial 13.9%
- Industrial 7%
- Planned_development 0.6%
Largest Zones share of zoned land by district
Agricultural
Parks
Highway Business
Single Family Residence
Industrial
Single Family Residence (R-1-D)
R-1-D Single-family residence R-1-E Two-family residence R-2-A Two-family residence R-2-B Multi-family residence R-3 Neighborhood business C-1 Central business C-2 Highway business C-3 Limited business C-4 Industrial I Manufactured home overlay M (A) The official zoning map shall be identified by the signature of the Mayor and attested by the City Clerk and…
Market overview
Demographics & Economy
Metropolis, IL has 10,792 residents in 5,462 households. Density runs 96 people per square mile. Median household income here is $61,702 and median gross rent $789 a month.
10,792
Population
5,462
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
90%
High-School Grad
112.8 sq mi
ZIP Area
96
Density / Sq Mi
$61,702
Median Household Income
$37,081
Median Earnings
$789
Median Rent
$122,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bargerville | — | — |
| Grahamville | — | — |
| West Paducah | — | — |
| Heath | — | — |
Commercial property in Metropolis, IL asks $446/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Metropolis?
Commercial property in Metropolis, IL asks an average of $446 per square foot. The 3 most recent recorded sales traded at a median of $66/SF, so asking sits 576% above the achieved median.
Where does Realmo's Metropolis market data come from?
Realmo compiles Metropolis, IL figures from 8 recent recorded sales, 21 active sale listings, 1 active lease listings, 407 tracked off-market properties, the current Metropolis zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 1 active for-lease listings in Metropolis, 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: 6,054 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
