Commercial Real Estate Market in Wauconda, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
27 active listings and 686 off-market properties in Wauconda, IL.
Market Trends
Wauconda, IL spans 14.0 square miles in Lake County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wauconda, 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 Wauconda, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Wauconda, 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 Wauconda, 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 46.3%
- Planned_development 25%
- Industrial 13%
- Commercial 9.8%
- Open space 3.1%
- Agricultural 2.8%
Largest Zones share of zoned land by district
Single Family Residential Planned Unit Development
Single And Two Family Residential
Limited Industrial
Single Family Residential
Single Family Residential
Wauconda, IL zones 3,324 acres across 18 districts. Commercial zoning covers 9.8% of zoned land, residential 46.3%, open space 3.1% and industrial 13%. The largest single district is Single Family Residential Planned Unit Development at 21.7%. For commercial buyers the practical constraint is that only 22.7% of land carries a commercial or industrial designation.
Single Family Residential Planned Unit Development (R2-PUD)
The R2-PUD Zone is established to provide areas for single-family dwellings in areas where community water supply and sewage disposal facilities essential to public health are available or can be made available in the near future
Market overview
Demographics & Economy
Wauconda, IL has 17,029 residents in 6,811 households. Density runs 1,212 people per square mile. Median household income here is $104,907 and median gross rent $1,267 a month.
17,029
Population
6,811
Households
2.5
Avg Household Size
41
Median Age
38%
College-Educated
92%
High-School Grad
14 sq mi
ZIP Area
1,212
Density / Sq Mi
$104,907
Median Household Income
$54,244
Median Earnings
$1,267
Median Rent
$283,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Island Lake | — | — |
| Lake Barrington | — | — |
| North Barrington | — | — |
| Port Barrington | — | — |
Commercial property in Wauconda, IL asks $1,090/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wauconda?
Commercial property in Wauconda, IL asks an average of $1,090 per square foot. The 5 most recent recorded sales traded at a median of $115/SF, so asking sits 844% above the achieved median.
What zoning applies to commercial property in Wauconda?
Wauconda, IL zones 3,324 acres across 18 districts, of which 9.8% is commercial and 13% industrial. The largest single district is Single Family Residential Planned Unit Development at 21.7% of zoned land. The R2-PUD Zone is established to provide areas for single-family dwellings in areas where community water supply and sewage disposal facilities essential to public health are available or can be made available in the near future Residential zoning covers 46.3% and open space 3.1%.
Where does Realmo's Wauconda market data come from?
Realmo compiles Wauconda, IL figures from 5 recent recorded sales, 25 active sale listings, 2 active lease listings, 686 tracked off-market properties, the current Wauconda zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 2 active for-lease listings in Wauconda, 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: 3,324 zoned acres across 18 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, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- 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
