Commercial Real Estate Market in Schiller Park, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
83 active listings and 2,179 off-market properties in Schiller Park, IL. Commercial property asks $79/SF to buy and $11.00/SF/Yr to lease (based on 3 listings).
Market Trends
Schiller Park, IL spans 8.0 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Schiller Park, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Schiller Park, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Schiller Park, IL has a median asking sale price of $71/SF (based on 5 listings). Vacancy 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 Schiller Park, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Market overview
Demographics & Economy
Schiller Park, IL has 29,919 residents in 10,543 households. Density runs 3,752 people per square mile. Median household income here is $72,907 and median gross rent $1,140 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Bensenville | $184 | $25.00 |
| Elmhurst | $179 | $24.60 |
Commercial property in Schiller Park, IL asks $79/SF. The 2 bordering markets run from $179/SF in Elmhurst to $184/SF in Bensenville, and the city sits below their $182/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Schiller Park?
How much does it cost to lease commercial space in Schiller Park?
How does Schiller Park compare to nearby markets on price?
Where does Realmo's Schiller Park market data come from?
Methodology & data sources
- Asking prices and medians
- There are 44 active for-sale and 39 active for-lease listings in Schiller Park, IL. The medians are based on 10 of the for-sale and 3 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.
- 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
