Commercial Real Estate Market in Rock Island, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
56 active listings and 1,223 off-market properties in Rock Island, IL. Commercial property asks $69/SF to buy and $11.14/SF/Yr to lease.
Market Trends
Rock Island, IL spans 17.9 square miles in Rock Island County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Rock Island, 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 Rock Island, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Rock Island, 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 Rock Island, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Rock Island, IL has 37,366 residents in 17,459 households. Density runs 2,091 people per square mile. Median household income here is $57,260 and median gross rent $822 a month.
37,366
Population
17,459
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
17.9 sq mi
ZIP Area
2,091
Density / Sq Mi
$57,260
Median Household Income
$34,541
Median Earnings
$822
Median Rent
$118,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Moline | — | $12.22 |
| Milan | — | — |
| Blackhawk | — | — |
| Oak Grove | — | — |
Commercial property in Rock Island, IL asks $69/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rock Island?
Commercial property in Rock Island, IL asks an average of $69 per square foot. The 4 most recent recorded sales traded at a median of $98/SF.
How much does it cost to lease commercial space in Rock Island?
Asking lease rates in Rock Island, IL average $11.14 per square foot per year.
Where does Realmo's Rock Island market data come from?
Realmo compiles Rock Island, IL figures from 7 recent recorded sales, 41 active sale listings, 15 active lease listings, 1,223 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 41 active for-sale and 15 active for-lease listings in Rock Island, 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 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
