Commercial Real Estate Market in Morrisonville, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 65 off-market properties in Morrisonville, IL.
Market Trends
Morrisonville, IL spans 113.1 square miles in Christian County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Morrisonville, 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 Morrisonville, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Morrisonville, 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 Morrisonville, 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 57.7%
- Agricultural 21.5%
- Commercial 15.5%
- Industrial 2.2%
Largest Zones share of zoned land by district
One And Two Family Residential
Agricultural
General Retail
Agricultural One And Two Family Residential
No Zoning
Morrisonville, IL zones 554 acres across 13 districts. Commercial zoning covers 15.5% of zoned land, residential 57.7% and industrial 2.2%. The largest single district is One And Two Family Residential at 45.5%. For commercial buyers the practical constraint is that only 17.7% of land carries a commercial or industrial designation.
One And Two Family Residential (R-1)
DIVISION II - RESIDENCE (R-1 AND R-2) ZONE DISTRICTS 1-5-10 PREAMBLE. The purpose of the Residence Districts is to provide an area for residential uses and those public and semi -public uses normally considered an integral part of the residential neighborhood they serve. 1-5-11 PERMITTED USES IN THE R-1 ZONE DISTRICT. The following uses are permitted in the…
Market overview
Demographics & Economy
Morrisonville, IL has 1,560 residents in 647 households. Density runs 14 people per square mile. Median household income here is $88,462 and median gross rent $680 a month.
1,560
Population
647
Households
2.4
Avg Household Size
44
Median Age
15%
College-Educated
95%
High-School Grad
113.1 sq mi
ZIP Area
14
Density / Sq Mi
$88,462
Median Household Income
$46,818
Median Earnings
$680
Median Rent
$121,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Palmer | — | — |
| Harvel | — | — |
| Clarksdale | — | — |
| Raymond | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Morrisonville?
Morrisonville, IL zones 554 acres across 13 districts, of which 15.5% is commercial and 2.2% industrial. The largest single district is One And Two Family Residential at 45.5% of zoned land. DIVISION II - RESIDENCE (R-1 AND R-2) ZONE DISTRICTS 1-5-10 PREAMBLE. The purpose of the Residence Districts is to provide an area for residential uses and those public and semi -public uses normally considered an integral part of the residential neighborhood they serve. 1-5-11 PERMITTED USES IN THE R-1 ZONE DISTRICT. The following uses are permitted in the… Residential zoning covers 57.7% and open space 0%.
Where does Realmo's Morrisonville market data come from?
Realmo compiles Morrisonville, IL figures from 3 recent recorded sales, 1 active sale listings, 65 tracked off-market properties, the current Morrisonville 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 Morrisonville, 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: 554 zoned acres across 13 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
