Commercial Real Estate Market in Round Lake Beach, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
17 active listings and 457 off-market properties in Round Lake Beach, IL. Commercial property asks $1,261/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Round Lake Beach, IL spans 18.5 square miles in Lake County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Round Lake Beach, 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 Round Lake Beach, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Round Lake Beach, 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 Round Lake Beach, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Round Lake Beach, IL has 61,721 residents in 20,864 households. Density runs 3,341 people per square mile. Median household income here is $95,457 and median gross rent $1,461 a month.
61,721
Population
20,864
Households
3
Avg Household Size
34
Median Age
27%
College-Educated
81%
High-School Grad
18.5 sq mi
ZIP Area
3,341
Density / Sq Mi
$95,457
Median Household Income
$43,228
Median Earnings
$1,461
Median Rent
$215,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Round Lake Heights | — | — |
| Round Lake Park | — | — |
| Round Lake | — | — |
| Long Lake | — | — |
Commercial property in Round Lake Beach, IL asks $1,261/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Round Lake Beach?
Commercial property in Round Lake Beach, IL asks an average of $1,261 per square foot. The 3 most recent recorded sales traded at a median of $231/SF, so asking sits 446% above the achieved median.
How much does it cost to lease commercial space in Round Lake Beach?
Asking lease rates in Round Lake Beach, IL average $18.00 per square foot per year.
Where does Realmo's Round Lake Beach market data come from?
Realmo compiles Round Lake Beach, IL figures from 8 recent recorded sales, 9 active sale listings, 8 active lease listings, 457 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 9 active for-sale and 8 active for-lease listings in Round Lake Beach, 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, 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 31 August 2026 · report a data issue
