Commercial Real Estate Market in Tampico, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 52 off-market properties in Tampico, IL.
Market Trends
Tampico, IL spans 83.6 square miles in Whiteside County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Tampico, 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 Tampico, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Tampico, 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 Tampico, 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 67.8%
- Commercial 15%
- Agricultural 12.5%
- Industrial 4.7%
Largest Zones share of zoned land by district
Multifamily Residence
General Business
Agricultural
Light Industrial
Tampico, IL zones 245 acres across 4 districts. Commercial zoning covers 15% of zoned land, residential 67.8% and industrial 4.7%. The largest single district is Multifamily Residence at 67.8%. For commercial buyers the practical constraint is that only 19.7% of land carries a commercial or industrial designation.
Multifamily Residence (R-2)
The purpose of the Multi Family Residence district is intended to provide for multiple family dwelling district.
Market overview
Demographics & Economy
Tampico, IL has 1,486 residents in 559 households. Density runs 18 people per square mile. Median household income here is $66,563 and median gross rent $718 a month.
1,486
Population
559
Households
2.7
Avg Household Size
38
Median Age
10%
College-Educated
70%
High-School Grad
83.6 sq mi
ZIP Area
18
Density / Sq Mi
$66,563
Median Household Income
$39,167
Median Earnings
$718
Median Rent
$125,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Deer Grove | — | — |
| Hahnaman | — | — |
| Leon Corners | — | — |
| Prophetstown | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Tampico?
Tampico, IL zones 245 acres across 4 districts, of which 15% is commercial and 4.7% industrial. The largest single district is Multifamily Residence at 67.8% of zoned land. The purpose of the Multi Family Residence district is intended to provide for multiple family dwelling district. Residential zoning covers 67.8% and open space 0%.
Where does Realmo's Tampico market data come from?
Realmo compiles Tampico, IL figures from 2 recent recorded sales, 1 active sale listings, 52 tracked off-market properties, the current Tampico zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Tampico, 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: 245 zoned acres across 4 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
