Commercial Real Estate Market in Rochelle, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
36 active listings and 540 off-market properties in Rochelle, IL.
Market Trends
Rochelle, IL spans 120.7 square miles in Ogle County, Illinois. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Rochelle, 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 Rochelle, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Rochelle, 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 Rochelle, 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
- Industrial 51.1%
- Residential 17.6%
- Commercial 13.2%
- Planned_development 12.8%
- Agricultural 4.8%
- Mixed use 0.6%
Largest Zones share of zoned land by district
General Industry
Heavy Industry
Commercial Highway
Single Family Low Density Residential
Planned Unit Development
Rochelle, IL zones 7,863 acres across 16 districts. Commercial zoning covers 13.2% of zoned land, residential 17.6% and industrial 51.1%. The largest single district is General Industry at 30.6%. For commercial buyers the practical constraint is that only 64.2% of land carries a commercial or industrial designation.
General Industry (I2)
The I-2 General Industrial District provides for areas in more outlying locations for those types of activities which might result in incompatibilities with adjacent non-industrial uses
Market overview
Demographics & Economy
Rochelle, IL has 14,653 residents in 6,220 households. Density runs 121 people per square mile. Median household income here is $69,840 and median gross rent $955 a month.
14,653
Population
6,220
Households
2.4
Avg Household Size
38
Median Age
19%
College-Educated
87%
High-School Grad
120.7 sq mi
ZIP Area
121
Density / Sq Mi
$69,840
Median Household Income
$36,924
Median Earnings
$955
Median Rent
$164,900
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Rochelle?
Commercial property in Rochelle, IL asks an average of $159 per square foot. The 5 most recent recorded sales traded at a median of $58/SF, so asking sits 175% above the achieved median.
What zoning applies to commercial property in Rochelle?
Rochelle, IL zones 7,863 acres across 16 districts, of which 13.2% is commercial and 51.1% industrial. The largest single district is General Industry at 30.6% of zoned land. The I-2 General Industrial District provides for areas in more outlying locations for those types of activities which might result in incompatibilities with adjacent non-industrial uses Residential zoning covers 17.6% and open space 0%.
Where does Realmo's Rochelle market data come from?
Realmo compiles Rochelle, IL figures from 7 recent recorded sales, 34 active sale listings, 2 active lease listings, 540 tracked off-market properties, the current Rochelle zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 34 active for-sale and 2 active for-lease listings in Rochelle, 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: 7,863 zoned acres across 16 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 30 September 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 30 September 2026 · report a data issue
