Commercial Real Estate Market in Naperville, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
206 active listings and 2,492 off-market properties in Naperville, IL. Commercial property asks $263/SF to buy and $18.70/SF/Yr to lease.
Market Trends
Naperville, IL spans 56.7 square miles in DuPage County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Naperville, IL has a median asking sale price of $200/SF (based on 7 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Naperville, IL has a median asking sale price of $359/SF (based on 3 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Naperville, 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%.
Multifamily
Multifamily vacancy in Naperville, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 55%
- Planned_development 28.4%
- Industrial 10.2%
- Commercial 4.3%
- Civic 2%
- Mixed use 0.1%
Largest Zones share of zoned land by district
The R1A district is intended to provide single family areas of a low density character with lots containing a minimum of 10000 square feet.
Market overview
Demographics & Economy
Naperville, IL has 168,114 residents in 63,699 households. Density runs 2,966 people per square mile. Median household income here is $151,221 and median gross rent $1,937 a month.
Tools
Lease vs Buy Breakeven
At $18.70/SF/Yr lease vs $263/SF buy → buying wins if held > 3.1 years.
At a 7.1% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Lisle | $135 | $15.75 |
| Bolingbrook | $271 | $18.00 |
| Aurora | $113 | $18.50 |
| Downers Grove | $341 | $22.00 |
Commercial property in Naperville, IL asks $263/SF. The 4 bordering markets run from $113/SF in Aurora to $341/SF in Downers Grove, and the city sits above their $203/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Naperville?
How much does it cost to lease commercial space in Naperville?
Is it cheaper to lease or buy commercial space in Naperville?
How does Naperville compare to nearby markets on price?
Where does Realmo's Naperville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 71 active for-sale and 135 active for-lease listings in Naperville, IL. The medians are based on 16 of the for-sale and 30 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 20,667 zoned acres across 40 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
