Commercial Real Estate Market in Cedar Lake, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
118 active listings and 339 off-market properties in Cedar Lake, IN. Commercial property asks $7/SF to buy and $17.50/SF/Yr to lease.
Market Trends
Cedar Lake, IN spans 28.8 square miles in Lake County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Cedar Lake, IN asks $154/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Cedar Lake, IN asks $126/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Cedar Lake, IN 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 Cedar Lake, IN asks $173/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
Cedar Lake, IN has 17,028 residents in 6,922 households. Density runs 592 people per square mile. Median household income here is $78,659 and median gross rent $1,197 a month.
17,028
Population
6,922
Households
2.5
Avg Household Size
39
Median Age
24%
College-Educated
95%
High-School Grad
28.8 sq mi
ZIP Area
592
Density / Sq Mi
$78,659
Median Household Income
$43,217
Median Earnings
$1,197
Median Rent
$271,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| North Hayden | — | — |
| Crown Point | — | $7.47 |
| Eagle Lake | — | — |
| Saint John | — | — |
Commercial property in Cedar Lake, IN asks $7/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cedar Lake?
Commercial property in Cedar Lake, IN asks an average of $7 per square foot. Multifamily carries the highest asking price at $173/SF.
How much does it cost to lease commercial space in Cedar Lake?
Asking lease rates in Cedar Lake, IN average $17.50 per square foot per year.
Where does Realmo's Cedar Lake market data come from?
Realmo compiles Cedar Lake, IN figures from 100 active sale listings, 18 active lease listings, 339 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 100 active for-sale and 18 active for-lease listings in Cedar Lake, IN. 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 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
