Commercial Real Estate Market in Romeoville, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
61 active listings and 891 off-market properties in Romeoville, IL. Commercial property asks $24/SF to buy and $20.92/SF/Yr to lease.
Market Trends
Romeoville, IL spans 19.5 square miles in Will County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Romeoville, 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 Romeoville, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Romeoville, 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 Romeoville, 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
- Residential 28.6%
- Commercial 28.2%
- Industrial 18.2%
- Open space 13.6%
- Special 9.5%
- Civic 1.7%
- Agricultural 0.3%
Largest Zones share of zoned land by district
Planned Business
Heavy Manufacturing
Public Private Land Conservation
Single Family Residential
Single Family Residential
Romeoville, IL zones 11,812 acres across 21 districts. Commercial zoning covers 28.2% of zoned land, residential 28.6%, open space 13.6% and industrial 18.2%. The largest single district is Planned Business at 22%. For commercial buyers the practical constraint is that only 46.3% of land carries a commercial or industrial designation.
Planned Business (P-B)
Commercial District 157.095 General requirements 157.096 B-1 Local Shopping District 157.097 B-2 Community Shopping District 157.098 B-3 Highway/Regional Shopping District 157.099 B-4 Automotive Service District 157.100 P-B Planned Business District 157.101 DD Downtown District 157.102 Industrial/manufacturing districts general requirements 157.103 M-R Light…
Market overview
Demographics & Economy
Romeoville, IL has 40,465 residents in 13,986 households. Density runs 2,074 people per square mile. Median household income here is $99,461 and median gross rent $1,894 a month.
40,465
Population
13,986
Households
2.9
Avg Household Size
36
Median Age
23%
College-Educated
84%
High-School Grad
19.5 sq mi
ZIP Area
2,074
Density / Sq Mi
$99,461
Median Household Income
$41,908
Median Earnings
$1,894
Median Rent
$245,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Homer Glen | — | — |
| Lemont | — | — |
| Orland Park | — | $20.03 |
| Lockport | — | — |
Commercial property in Romeoville, IL asks $24/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Romeoville?
Commercial property in Romeoville, IL asks an average of $24 per square foot. The 5 most recent recorded sales traded at a median of $149/SF.
How much does it cost to lease commercial space in Romeoville?
Asking lease rates in Romeoville, IL average $20.92 per square foot per year.
What zoning applies to commercial property in Romeoville?
Romeoville, IL zones 11,812 acres across 21 districts, of which 28.2% is commercial and 18.2% industrial. The largest single district is Planned Business at 22% of zoned land. Commercial District 157.095 General requirements 157.096 B-1 Local Shopping District 157.097 B-2 Community Shopping District 157.098 B-3 Highway/Regional Shopping District 157.099 B-4 Automotive Service District 157.100 P-B Planned Business District 157.101 DD Downtown District 157.102 Industrial/manufacturing districts general requirements 157.103 M-R Light… Residential zoning covers 28.6% and open space 13.6%.
Where does Realmo's Romeoville market data come from?
Realmo compiles Romeoville, IL figures from 7 recent recorded sales, 30 active sale listings, 31 active lease listings, 891 tracked off-market properties, the current Romeoville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 30 active for-sale and 31 active for-lease listings in Romeoville, 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: 11,812 zoned acres across 21 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 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
