Commercial Real Estate Market in Millstadt, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 155 off-market properties in Millstadt, IL.
Market Trends
Millstadt, IL spans 43.9 square miles in St. Clair County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Millstadt, 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 Millstadt, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Millstadt, 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 space in Millstadt, IL asks $85/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 46.4%
- Agricultural 41.1%
- Commercial 5.3%
- Industrial 5.3%
- Open space 1.6%
Largest Zones share of zoned land by district
Agricultural
Single Family Residence District
Industrial District
Highway Business District
Single Family Residence District
Agricultural (A)
ONS TITLE XIII: GENERAL OFFENSES TITLE XV: LAND USAGE CHAPTER 150: BUILDING REGULATIONS CHAPTER 151: SUBDIVISION CODE CHAPTER 152: ZONING CODE GENERAL PROVISIONS ZONING DISTRICTS; ZONING MAPS GENERAL ZONING REGULATIONS “A” AGRICULTURAL DISTRICT RESIDENTIAL DISTRICTS BUSINESS DISTRICTS INDUSTRIAL DISTRICT OFF-STREET PARKING AND LOADING SIGNS ADDITIONAL SUPPLE…
Market overview
Demographics & Economy
Millstadt, IL has 7,162 residents in 2,863 households. Density runs 163 people per square mile. Median household income here is $93,929 and median gross rent $1,000 a month.
7,162
Population
2,863
Households
2.5
Avg Household Size
46
Median Age
31%
College-Educated
98%
High-School Grad
43.9 sq mi
ZIP Area
163
Density / Sq Mi
$93,929
Median Household Income
$52,766
Median Earnings
$1,000
Median Rent
$229,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dupo | — | — |
| Belleville | — | — |
| Floraville | — | — |
| Smithton | — | — |
Commercial property in Millstadt, IL asks $54/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Millstadt?
Commercial property in Millstadt, IL asks an average of $54 per square foot. The 6 most recent recorded sales traded at a median of $167/SF. Multifamily carries the highest asking price at $85/SF.
Where does Realmo's Millstadt market data come from?
Realmo compiles Millstadt, IL figures from 7 recent recorded sales, 33 active sale listings, 3 active lease listings, 155 tracked off-market properties, the current Millstadt zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 33 active for-sale and 3 active for-lease listings in Millstadt, 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: 2,423 zoned acres across 11 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
