Commercial Real Estate Market in Weldon, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 21 off-market properties in Weldon, IL.
Market Trends
Weldon, IL spans 38.4 square miles in De Witt County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Weldon, 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 Weldon, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Weldon, 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 Weldon, 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 82.4%
- Commercial 12.4%
- Industrial 3.5%
Largest Zones share of zoned land by district
High Density Single Family Residential
Low Density Single Family Residential
Highway Commercial District
Multifamily Residential District
General Industrial District
Weldon, IL zones 136 acres across 9 districts. Commercial zoning covers 12.4% of zoned land, residential 82.4% and industrial 3.5%. The largest single district is High Density Single Family Residential at 55.1%. For commercial buyers the practical constraint is that only 15.9% of land carries a commercial or industrial designation.
High Density Single Family Residential (R-2)
The intent of this district is to protect those residential areas of the community that were developed in most part prior to World War 2 from encroachment from potential conflicting uses and to provide for future residential and related development and redevelopment
Market overview
Demographics & Economy
Weldon, IL has 641 residents in 294 households. Density runs 17 people per square mile. Median household income here is $77,000 and median gross rent $775 a month.
641
Population
294
Households
2.2
Avg Household Size
46
Median Age
21%
College-Educated
98%
High-School Grad
38.4 sq mi
ZIP Area
17
Density / Sq Mi
$77,000
Median Household Income
$53,487
Median Earnings
$775
Median Rent
$122,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| De Witt | — | — |
| Bloomington Heights | — | — |
| De Land | — | — |
| Lane | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Weldon?
Weldon, IL zones 136 acres across 9 districts, of which 12.4% is commercial and 3.5% industrial. The largest single district is High Density Single Family Residential at 55.1% of zoned land. The intent of this district is to protect those residential areas of the community that were developed in most part prior to World War 2 from encroachment from potential conflicting uses and to provide for future residential and related development and redevelopment Residential zoning covers 82.4% and open space 0%.
Where does Realmo's Weldon market data come from?
Realmo compiles Weldon, IL figures from 2 active sale listings, 21 tracked off-market properties, the current Weldon zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Weldon, 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: 136 zoned acres across 9 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
