Commercial Real Estate Market in Wood River, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
20 active listings and 442 off-market properties in Wood River, IL.
Market Trends
Wood River, IL spans 7.1 square miles in Madison County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wood River, 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 Wood River, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Wood River, 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 space in Wood River, IL asks $60/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
Wood River, IL has 11,060 residents in 5,186 households. Density runs 1,556 people per square mile. Median household income here is $66,641 and median gross rent $919 a month.
11,060
Population
5,186
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
94%
High-School Grad
7.1 sq mi
ZIP Area
1,556
Density / Sq Mi
$66,641
Median Household Income
$41,932
Median Earnings
$919
Median Rent
$106,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East Alton | — | — |
| Rosewood | — | — |
| Hartford | — | — |
| Roxana | — | — |
Commercial property in Wood River, IL asks $132/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wood River?
Commercial property in Wood River, IL asks an average of $132 per square foot. The 6 most recent recorded sales traded at a median of $38/SF, so asking sits 245% above the achieved median. Multifamily carries the highest asking price at $60/SF.
Where does Realmo's Wood River market data come from?
Realmo compiles Wood River, IL figures from 7 recent recorded sales, 17 active sale listings, 3 active lease listings, 442 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 3 active for-lease listings in Wood River, 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.
- 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
