Commercial Real Estate Market in Rockford, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
189 active listings and 5,898 off-market properties in Rockford, IL. Commercial property asks $87/SF to buy and $23.00/SF/Yr to lease (based on 5 listings).
Market Trends
Rockford, IL spans 180.4 square miles in Winnebago County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Rockford, IL has a median asking sale price of $83/SF (based on 6 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail space in Rockford, IL has a median asking sale price of $96/SF (based on 3 listings). Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Rockford, 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 space in Rockford, IL has a median asking sale price of $85/SF. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Typical asking range for active listings in Rockford, IL (the middle half): Sale $70.15–$98.59/SF (median $85.03/SF, 33 listings).
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 59.8%
- Industrial 27.9%
- Commercial 11.6%
- Mixed use 0.7%
Largest Zones share of zoned land by district
Rockford, IL zones 35,826 acres across 12 districts. Commercial zoning covers 11.6% of zoned land, residential 59.8% and industrial 27.9%. The largest single district is Single Family Residential at 40.3%. For commercial buyers the practical constraint is that only 39.5% of land carries a commercial or industrial designation.
R-1 Single-Family Residential R-1U Single-Family Residential, Urban R-2 Two-Family Residential R-3 Multifamily Residential R-4 Multifamily Residential 20-003 NAMES AND MAP SYMBOLS The “R” district names and map symbols are intended to provide a general indication of what is allowed in the district, with the “R” denoting the residential orientation of the dis…
Market overview
Demographics & Economy
Rockford, IL has 203,360 residents in 90,734 households. Density runs 1,127 people per square mile. Median household income here is $59,597 and median gross rent $996 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Rockford?
How much does it cost to lease commercial space in Rockford?
What zoning applies to commercial property in Rockford?
Where does Realmo's Rockford market data come from?
Methodology & data sources
- Asking prices and medians
- There are 111 active for-sale and 78 active for-lease listings in Rockford, IL. The medians are based on 42 of the for-sale and 5 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: 35,826 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
