Commercial Real Estate Market in New Baden, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 104 off-market properties in New Baden, IL. Commercial property asks $217/SF to buy and $24.00/SF/Yr to lease.
Market Trends
New Baden, IL spans 33.6 square miles in Clinton County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in New Baden, 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 New Baden, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in New Baden, 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 New Baden, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
New Baden, IL has 4,446 residents in 1,879 households. Density runs 132 people per square mile. Median household income here is $88,097 and median gross rent $1,158 a month.
4,446
Population
1,879
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
93%
High-School Grad
33.6 sq mi
ZIP Area
132
Density / Sq Mi
$88,097
Median Household Income
$50,896
Median Earnings
$1,158
Median Rent
$173,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| New Memphis | — | — |
| Damiansville | — | — |
| Albers | — | — |
| Mascoutah | — | — |
Commercial property in New Baden, IL asks $217/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in New Baden?
Commercial property in New Baden, IL asks an average of $217 per square foot. The 3 most recent recorded sales traded at a median of $57/SF, so asking sits 280% above the achieved median.
How much does it cost to lease commercial space in New Baden?
Asking lease rates in New Baden, IL average $24.00 per square foot per year.
Where does Realmo's New Baden market data come from?
Realmo compiles New Baden, IL figures from 7 recent recorded sales, 10 active sale listings, 5 active lease listings, 104 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 10 active for-sale and 5 active for-lease listings in New Baden, 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.
- 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
