Commercial Real Estate Market in South Holland, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
52 active listings and 708 off-market properties in South Holland, IL. Commercial property asks $212/SF to buy and $15.80/SF/Yr to lease.
Market Trends
South Holland, IL spans 7.8 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in South Holland, 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 Holland, 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 Holland, 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 Holland, 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 Holland, IL has 21,661 residents in 7,969 households. Density runs 2,761 people per square mile. Median household income here is $88,046 and median gross rent $1,914 a month.
21,661
Population
7,969
Households
2.7
Avg Household Size
43
Median Age
27%
College-Educated
92%
High-School Grad
7.8 sq mi
ZIP Area
2,761
Density / Sq Mi
$88,046
Median Household Income
$40,903
Median Earnings
$1,914
Median Rent
$200,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Thornton | — | — |
| Dolton | — | — |
| East Hazel Crest | — | $33.39 |
| Dixmoor | — | — |
Commercial property in South Holland, IL asks $212/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in South Holland?
Commercial property in South Holland, IL asks an average of $212 per square foot.
How much does it cost to lease commercial space in South Holland?
Asking lease rates in South Holland, IL average $15.80 per square foot per year.
Where does Realmo's South Holland market data come from?
Realmo compiles South Holland, IL figures from 5 recent recorded sales, 35 active sale listings, 17 active lease listings, 708 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 35 active for-sale and 17 active for-lease listings in South Holland, 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
