Commercial Real Estate Market in Silvis, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
11 active listings and 269 off-market properties in Silvis, IL. Commercial property asks $558/SF to buy and $11.67/SF/Yr to lease.
Market Trends
Silvis, IL spans 3.1 square miles in Rock Island County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Silvis, 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 Silvis, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Silvis, 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 Silvis, 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 48.8%
- Industrial 25.5%
- Commercial 22.3%
- Civic 2.4%
- Planned_development 1%
Largest Zones share of zoned land by district
Single Family Residential
Manufacturing
General Business
General Residential
Multifamily Residential
Silvis, IL zones 2,386 acres across 10 districts. Commercial zoning covers 22.3% of zoned land, residential 48.8% and industrial 25.5%. The largest single district is Single Family Residential at 33.5%. For commercial buyers the practical constraint is that only 47.8% of land carries a commercial or industrial designation.
Single Family Residential (R1)
This single family residential district is the most restrictive residential district. The principal use of land is for single-family dwellings
Market overview
Demographics & Economy
Silvis, IL has 8,278 residents in 4,665 households. Density runs 2,635 people per square mile. Median household income here is $67,833 and median gross rent $977 a month.
8,278
Population
4,665
Households
1.8
Avg Household Size
42
Median Age
16%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
2,635
Density / Sq Mi
$67,833
Median Household Income
$38,285
Median Earnings
$977
Median Rent
$159,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East Moline | — | $11.05 |
| Carbon Cliff | — | — |
| Colona | — | — |
| Barstow | — | — |
Commercial property in Silvis, IL asks $558/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Silvis?
Commercial property in Silvis, IL asks an average of $558 per square foot.
How much does it cost to lease commercial space in Silvis?
Asking lease rates in Silvis, IL average $11.67 per square foot per year.
What zoning applies to commercial property in Silvis?
Silvis, IL zones 2,386 acres across 10 districts, of which 22.3% is commercial and 25.5% industrial. The largest single district is Single Family Residential at 33.5% of zoned land. This single family residential district is the most restrictive residential district. The principal use of land is for single-family dwellings Residential zoning covers 48.8% and open space 0%.
Where does Realmo's Silvis market data come from?
Realmo compiles Silvis, IL figures from 7 recent recorded sales, 7 active sale listings, 4 active lease listings, 269 tracked off-market properties, the current Silvis zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 4 active for-lease listings in Silvis, 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: 2,386 zoned acres across 10 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
