Commercial Real Estate Market in Sheffield, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 88 off-market properties in Sheffield, IL.
Market Trends
Sheffield, IL spans 88.8 square miles in Bureau County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Sheffield, 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 Sheffield, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Sheffield, 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 Sheffield, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Sheffield, IL has 1,336 residents in 703 households. Density runs 15 people per square mile. Median household income here is $92,344 and median gross rent $896 a month.
1,336
Population
703
Households
1.9
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
88.8 sq mi
ZIP Area
15
Density / Sq Mi
$92,344
Median Household Income
$36,378
Median Earnings
$896
Median Rent
$147,300
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
Where does Realmo's Sheffield market data come from?
Realmo compiles Sheffield, IL figures from 6 recent recorded sales, 2 active sale listings, 88 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 2 active for-sale and 0 active for-lease listings in Sheffield, 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 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
