Commercial Real Estate Market in Waynesville, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Waynesville, IL spans 30.1 square miles in De Witt County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Waynesville, 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 Waynesville, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Waynesville, 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 Waynesville, 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 84.4%
- Industrial 6.6%
- Commercial 5%
- Agricultural 2.6%
Largest Zones share of zoned land by district
Low Density Single Family Residential
High Density Single Family Residential
Multifamily Residential District
General Industrial District
General Commercial District
Waynesville, IL zones 155 acres across 8 districts. Commercial zoning covers 5% of zoned land, residential 84.4% and industrial 6.6%. The largest single district is Low Density Single Family Residential at 41.7%. For commercial buyers the practical constraint is that only 11.6% of land carries a commercial or industrial designation.
Low Density Single Family Residential (R-1)
The intent of this district is to provide areas for families wishing to live on large lots in residential neighborhoods within communities
Market overview
Demographics & Economy
Waynesville, IL has 638 residents in 260 households. Density runs 21 people per square mile. Median household income here is $61,979.
638
Population
260
Households
2.5
Avg Household Size
45
Median Age
21%
College-Educated
99%
High-School Grad
30.1 sq mi
ZIP Area
21
Density / Sq Mi
$61,979
Median Household Income
$46,111
Median Earnings
$0
Median Rent
$91,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Tabor | — | — |
| McLean | — | — |
| Atlanta | — | — |
| Hallsville | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Waynesville?
Waynesville, IL zones 155 acres across 8 districts, of which 5% is commercial and 6.6% industrial. The largest single district is Low Density Single Family Residential at 41.7% of zoned land. The intent of this district is to provide areas for families wishing to live on large lots in residential neighborhoods within communities Residential zoning covers 84.4% and open space 0%.
Methodology & data sources
- 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: 155 zoned acres across 8 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
