Commercial Real Estate Market in Millington, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 10 off-market properties in Millington, IL.
Market Trends
Millington, IL spans 0.8 square miles in Kendall County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Millington, 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 Millington, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Millington, 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 Millington, 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 95.3%
- Commercial 2.5%
- Agricultural 2.3%
Largest Zones share of zoned land by district
One Family Dwelling
General Residence
General Business
Agriculture
Millington, IL zones 397 acres across 4 districts. Commercial zoning covers 2.5% of zoned land, residential 95.3%. The largest single district is One Family Dwelling at 87.7%. For commercial buyers the practical constraint is that only 2.5% of land carries a commercial or industrial designation.
One Family Dwelling (R-1)
The R1-A zone is established to recognize areas presently existing as single family dwellings within the Village
Market overview
Demographics & Economy
Millington, IL has 627 residents in 294 households. Density runs 759 people per square mile. Median household income here is $79,826 and median gross rent $1,104 a month.
627
Population
294
Households
2.1
Avg Household Size
39
Median Age
18%
College-Educated
96%
High-School Grad
0.8 sq mi
ZIP Area
759
Density / Sq Mi
$79,826
Median Household Income
$50,750
Median Earnings
$1,104
Median Rent
$204,800
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
What zoning applies to commercial property in Millington?
Millington, IL zones 397 acres across 4 districts, of which 2.5% is commercial and 0% industrial. The largest single district is One Family Dwelling at 87.7% of zoned land. The R1-A zone is established to recognize areas presently existing as single family dwellings within the Village Residential zoning covers 95.3% and open space 0%.
Where does Realmo's Millington market data come from?
Realmo compiles Millington, IL figures from 1 active sale listings, 10 tracked off-market properties, the current Millington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Millington, 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: 397 zoned acres across 4 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
