Commercial Real Estate Market in Northfield, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
14 active listings and 374 off-market properties in Northfield, IL.
Market Trends
Northfield, IL spans 8.4 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Northfield, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Northfield, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Northfield, 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 Northfield, 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 86.4%
- Commercial 8.4%
- Industrial 2.3%
- Mixed use 2%
- Planned_development 0.9%
Largest Zones share of zoned land by district
Northfield, IL zones 2,009 acres across 12 districts. Commercial zoning covers 8.4% of zoned land, residential 86.4% and industrial 2.3%. The largest single district is Countryside Residential at 54.6%. For commercial buyers the practical constraint is that only 10.7% of land carries a commercial or industrial designation.
VC VILLAGE CENTER DISTRICT Sec. 13-1. PURPOSE. The regulations set forth in this Article or set forth elsewhere in this Appendix A when referred to in this Article, are the district regulations for the VC Village Center District. The VC District is the main civic, business and mixed use core of the Village. It includes a wide range of retail, service, office…
Market overview
Demographics & Economy
Northfield, IL has 20,691 residents in 7,833 households. Density runs 2,471 people per square mile. Median household income here is $230,777 and median gross rent $1,840 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Glenview | $97 | $25.00 |
| Morton Grove | $89 | $11.13 |
| Skokie | $168 | $23.75 |
Frequently Asked Questions
How much does it cost to lease commercial space in Northfield?
What zoning applies to commercial property in Northfield?
Where does Realmo's Northfield market data come from?
Methodology & data sources
- Asking prices and medians
- There are 2 active for-sale and 12 active for-lease listings in Northfield, IL. Too few for-sale listings state a price per square foot for a sale median; the rent median is based on 5 of the for-lease listings that state a 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: 2,009 zoned acres across 12 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
