Commercial Real Estate Market in South Barrington, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
461 active listings and 5,315 off-market properties in South Barrington, IL. Commercial property asks $32/SF to buy and $17.85/SF/Yr to lease.
Market Trends
South Barrington, IL spans 74.1 square miles in Lake County, Illinois. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in South Barrington, 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 South Barrington, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in South Barrington, 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 South Barrington, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
South Barrington, IL has 46,365 residents in 17,621 households. Density runs 626 people per square mile. Median household income here is $175,050 and median gross rent $2,459 a month.
46,365
Population
17,621
Households
2.6
Avg Household Size
47
Median Age
70%
College-Educated
97%
High-School Grad
74.1 sq mi
ZIP Area
626
Density / Sq Mi
$175,050
Median Household Income
$86,255
Median Earnings
$2,459
Median Rent
$622,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Streamwood | — | — |
| Palatine | — | $25.18 |
| Schaumburg | — | $15.06 |
Commercial property in South Barrington, IL asks $32/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in South Barrington?
Commercial property in South Barrington, IL asks an average of $32 per square foot. The 3 most recent recorded sales traded at a median of $125/SF.
How much does it cost to lease commercial space in South Barrington?
Asking lease rates in South Barrington, IL average $17.85 per square foot per year.
Where does Realmo's South Barrington market data come from?
Realmo compiles South Barrington, IL figures from 8 recent recorded sales, 227 active sale listings, 234 active lease listings, 5,315 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 227 active for-sale and 234 active for-lease listings in South Barrington, 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 30 September 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 30 September 2026 · report a data issue
