Commercial Real Estate Market in Romeoville, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
51 active listings and 891 off-market properties in Romeoville, IL.
Market Trends
Romeoville, IL spans 19.5 square miles in Will County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Romeoville, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Romeoville, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily vacancy in Romeoville, 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 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
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.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Lemont | $219 | — |
| Orland Park | $203 | $17.00 |
| Frankfort | $153 | $12.00 |
Frequently Asked Questions
How much does it cost to lease commercial space in Romeoville?
What zoning applies to commercial property in Romeoville?
Where does Realmo's Romeoville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 13 active for-sale and 38 active for-lease listings in Romeoville, IL. Too few for-sale listings state a price per square foot for a sale median; the rent median is based on 6 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: 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 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