Commercial Real Estate Market in Monee, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
39 active listings and 257 off-market properties in Monee, IL. Commercial property asks $17/SF to buy and $11.33/SF/Yr to lease.
Market Trends
Monee, IL spans 49.2 square miles in Will County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Monee, 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 Monee, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Monee, 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 Monee, 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 51.9%
- Industrial 34.2%
- Commercial 10.1%
Largest Zones share of zoned land by district
Residential
Manufacturing
Residential
Commercial
Manufacturing
Monee, IL zones 2,691 acres across 7 districts. Commercial zoning covers 10.1% of zoned land, residential 51.9% and industrial 34.2%. The largest single district is Residential at 35.9%. For commercial buyers the practical constraint is that only 44.3% of land carries a commercial or industrial designation.
Residential (ER)
Residential dwelling units, when permitted uses occupy the ground floor, provided that no such residential dwelling unit shall be located on the ground floor. Restaurants, drive-in type where goods and services are offered directly to customers waiting in parked automobiles in an off street parking lot. Schools, music, dance, business, commercial or trade. S…
Market overview
Demographics & Economy
Monee, IL has 8,961 residents in 3,752 households. Density runs 182 people per square mile. Median household income here is $101,563.
8,961
Population
3,752
Households
2.4
Avg Household Size
45
Median Age
31%
College-Educated
92%
High-School Grad
49.2 sq mi
ZIP Area
182
Density / Sq Mi
$101,563
Median Household Income
$60,924
Median Earnings
$0
Median Rent
$269,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| University Park | — | — |
| Richton Park | — | — |
| Crete | — | — |
| Matteson | — | — |
Commercial property in Monee, IL asks $17/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Monee?
Commercial property in Monee, IL asks an average of $17 per square foot. The 5 most recent recorded sales traded at a median of $59/SF.
How much does it cost to lease commercial space in Monee?
Asking lease rates in Monee, IL average $11.33 per square foot per year.
What zoning applies to commercial property in Monee?
Monee, IL zones 2,691 acres across 7 districts, of which 10.1% is commercial and 34.2% industrial. The largest single district is Residential at 35.9% of zoned land. Residential zoning covers 51.9% and open space 0%.
Where does Realmo's Monee market data come from?
Realmo compiles Monee, IL figures from 8 recent recorded sales, 30 active sale listings, 9 active lease listings, 257 tracked off-market properties, the current Monee zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 30 active for-sale and 9 active for-lease listings in Monee, 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: 2,691 zoned acres across 7 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
