Commercial Real Estate Market in Schaumburg, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
193 active listings and 1,186 off-market properties in Schaumburg, IL. Commercial property asks $38/SF to buy and $15.11/SF/Yr to lease.
Market Trends
Schaumburg, IL spans 20.6 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Schaumburg, 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 Schaumburg, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Schaumburg, 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 Schaumburg, 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 41.7%
- Planned_development 20.7%
- Commercial 18.6%
- Industrial 14.4%
- Agricultural 2.2%
- Open space 0.6%
- Mixed use 0.3%
Largest Zones share of zoned land by district
Single Family 10000 Square Feet
Residential Planned Unit Development
Cluster 8750 Square Feet
Manufacturing
Planned Office Business
Schaumburg, IL zones 10,023 acres across 21 districts. Commercial zoning covers 18.6% of zoned land, residential 41.7%, open space 0.6% and industrial 14.4%. The largest single district is Single Family 10000 Square Feet at 19.3%. For commercial buyers the practical constraint is that only 32.9% of land carries a commercial or industrial designation.
Single Family 10000 Square Feet (R-6)
This district is intended to provide for a suburban single family residential environment
Market overview
Demographics & Economy
Schaumburg, IL has 80,341 residents in 34,173 households. Density runs 3,899 people per square mile. Median household income here is $94,834 and median gross rent $1,767 a month.
80,341
Population
34,173
Households
2.4
Avg Household Size
39
Median Age
50%
College-Educated
96%
High-School Grad
20.6 sq mi
ZIP Area
3,899
Density / Sq Mi
$94,834
Median Household Income
$60,480
Median Earnings
$1,767
Median Rent
$309,878
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Roselle | — | $17.70 |
| Medinah | — | — |
| Hanover Park | — | $14.50 |
| Keeneyville | — | — |
Commercial property in Schaumburg, IL asks $38/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Schaumburg?
Commercial property in Schaumburg, IL asks an average of $38 per square foot.
How much does it cost to lease commercial space in Schaumburg?
Asking lease rates in Schaumburg, IL average $15.11 per square foot per year.
What zoning applies to commercial property in Schaumburg?
Schaumburg, IL zones 10,023 acres across 21 districts, of which 18.6% is commercial and 14.4% industrial. The largest single district is Single Family 10000 Square Feet at 19.3% of zoned land. This district is intended to provide for a suburban single family residential environment Residential zoning covers 41.7% and open space 0.6%.
Where does Realmo's Schaumburg market data come from?
Realmo compiles Schaumburg, IL figures from 8 recent recorded sales, 65 active sale listings, 128 active lease listings, 1,186 tracked off-market properties, the current Schaumburg zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 65 active for-sale and 128 active for-lease listings in Schaumburg, 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: 10,023 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
