Commercial Real Estate Market in Vandalia, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 401 off-market properties in Vandalia, IL.
Market Trends
Vandalia, IL spans 128.2 square miles in Fayette County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Vandalia, 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 Vandalia, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Vandalia, 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 Vandalia, 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
- Industrial 54.8%
- Residential 44.7%
Largest Zones share of zoned land by district
Light Industry
Agriculture
Two Family Residential
Single Family Residential
General Commercial
Vandalia, IL zones 5,202 acres across 10 districts. The largest single district is Light Industry at 46.2%. For commercial buyers the practical constraint is that only 54.8% of land carries a commercial or industrial designation.
Light Industry (IL)
The purpose of the IL, Industrial District is to provide areas for light industrial uses. The IL district is further intended to ensure high quality future development through the use of site plan approval procedures which provide for specific consideration of access, parking, drainage, landscaping and design factors
Market overview
Demographics & Economy
Vandalia, IL has 10,530 residents in 4,025 households. Density runs 82 people per square mile. Median household income here is $58,810 and median gross rent $739 a month.
10,530
Population
4,025
Households
2.6
Avg Household Size
40
Median Age
20%
College-Educated
88%
High-School Grad
128.2 sq mi
ZIP Area
82
Density / Sq Mi
$58,810
Median Household Income
$33,286
Median Earnings
$739
Median Rent
$119,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hagarstown | — | — |
| Shobonier | — | — |
| Shafter | — | — |
| Otego | — | — |
Commercial property in Vandalia, IL asks $105/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Vandalia?
Commercial property in Vandalia, IL asks an average of $105 per square foot.
What zoning applies to commercial property in Vandalia?
Vandalia, IL zones 5,202 acres across 10 districts, of which 0% is commercial and 54.8% industrial. The largest single district is Light Industry at 46.2% of zoned land. The purpose of the IL, Industrial District is to provide areas for light industrial uses. The IL district is further intended to ensure high quality future development through the use of site plan approval procedures which provide for specific consideration of access, parking, drainage, landscaping and design factors Residential zoning covers 44.7% and open space 0%.
Where does Realmo's Vandalia market data come from?
Realmo compiles Vandalia, IL figures from 15 active sale listings, 401 tracked off-market properties, the current Vandalia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 0 active for-lease listings in Vandalia, 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: 5,202 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
