Commercial Real Estate Market in Wadsworth, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
24 active listings and 88 off-market properties in Wadsworth, IL.
Market Trends
Wadsworth, IL spans 26.4 square miles in Lake County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wadsworth, 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 Wadsworth, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Wadsworth, 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 Wadsworth, 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 29.9%
- Agricultural 19.8%
- Commercial 10.4%
- Industrial 1.4%
Largest Zones share of zoned land by district
Suburban Residential 1 Acre
Agriculture 5 Acres
Suburban Estate 2 Acres
Public Land
Business
Suburban Residential 1 Acre (SR)
SR Suburban residential SD Southeast district (Ord. 97-476, 4-15-1997) 3. Boundaries: a. Southeast District: The southeast district was created for the areas which were largely developed prior to their annexation during the period of 1997 through 2004 and is geographically limited to the area southerly of Sharon Avenue, easterly of the Union Pacific Railroad…
Market overview
Demographics & Economy
Wadsworth, IL has 9,564 residents in 3,628 households. Density runs 362 people per square mile. Median household income here is $111,912 and median gross rent $1,702 a month.
9,564
Population
3,628
Households
2.6
Avg Household Size
43
Median Age
39%
College-Educated
90%
High-School Grad
26.4 sq mi
ZIP Area
362
Density / Sq Mi
$111,912
Median Household Income
$49,704
Median Earnings
$1,702
Median Rent
$286,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Antioch | — | $13.00 |
| Bristol | — | — |
| Lake Villa | — | — |
| Camp Lake | — | — |
Commercial property in Wadsworth, IL asks $4,179/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wadsworth?
Commercial property in Wadsworth, IL asks an average of $4,179 per square foot.
Where does Realmo's Wadsworth market data come from?
Realmo compiles Wadsworth, IL figures from 2 recent recorded sales, 23 active sale listings, 1 active lease listings, 88 tracked off-market properties, the current Wadsworth zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 1 active for-lease listings in Wadsworth, 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: 6,411 zoned acres across 11 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
