Commercial Real Estate Market in Wheaton, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
51 active listings and 821 off-market properties in Wheaton, IL.
Market Trends
Wheaton, IL spans 17.1 square miles in DuPage County, Illinois. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Wheaton, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Wheaton, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Wheaton, 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%.
Multifamily
Multifamily vacancy in Wheaton, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 79.5%
- Commercial 12.6%
- Civic 6.8%
- Industrial 1.1%
Largest Zones share of zoned land by district
Wheaton, IL zones 7,429 acres across 21 districts. Commercial zoning covers 12.6% of zoned land, residential 79.5% and industrial 1.1%. The largest single district is Residence District at 38.5%. For commercial buyers the practical constraint is that only 13.7% of land carries a commercial or industrial designation.
A district designed primarily for single-family dwellings with a lot size of not less than 10000 sq ft per dwelling unit.
Market overview
Demographics & Economy
Wheaton, IL has 60,436 residents in 23,016 households. Density runs 3,541 people per square mile. Median household income here is $121,982 and median gross rent $1,746 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Lisle | $135 | $15.75 |
| Downers Grove | $341 | $22.00 |
| Lombard | $226 | $14.38 |
| Carol Stream | $262 | $13.73 |
Frequently Asked Questions
How much does it cost to lease commercial space in Wheaton?
What zoning applies to commercial property in Wheaton?
Where does Realmo's Wheaton market data come from?
Methodology & data sources
- Asking prices and medians
- There are 13 active for-sale and 38 active for-lease listings in Wheaton, IL. Too few for-sale listings state a price per square foot for a sale median; the rent median is based on 7 of the for-lease listings that state a rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 7,429 zoned acres across 21 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
