Commercial Real Estate Market in Whiting, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
13 active listings and 428 off-market properties in Whiting, IN. Commercial property asks $89/SF to buy (based on 3 listings) and $12.70/SF/Yr to lease (based on 3 listings).
Market Trends
Whiting, IN spans 4.7 square miles in Lake County, Indiana. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Whiting, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Whiting, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Whiting, 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%.
Multifamily
Multifamily vacancy in Whiting, IN 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
- Industrial 64.5%
- Residential 15.2%
- Open space 10.7%
- Civic 4.2%
- Commercial 2.6%
- Mixed use 2.3%
- Planned_development 0.6%
Largest Zones share of zoned land by district
Whiting, IN zones 1,154 acres across 11 districts. Commercial zoning covers 2.6% of zoned land, residential 15.2%, open space 10.7% and industrial 64.5%. The largest single district is High Impact Manufacturing Special Zone at 60%. For commercial buyers the practical constraint is that only 67.1% of land carries a commercial or industrial designation.
The High Impact Manufacturing Special Zone (I-HIM-SZ) District designates areas for the development and expansion of heavy industrial, manufacturing, and wholesale business establishments, which are clean, quiet, and free of hazardous or objectionable elements and operate either as open uses or within enclosed buildings.
Market overview
Demographics & Economy
Whiting, IN has 11,725 residents in 5,437 households. Density runs 2,472 people per square mile. Median household income here is $66,386 and median gross rent $970 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Hammond | $112 | $16.00 |
| South Holland | $65 | $25.00 |
| Lansing | $86 | — |
Commercial property in Whiting, IN asks $89/SF. The 3 bordering markets run from $65/SF in South Holland to $112/SF in Hammond, and the city sits above their $86/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Whiting?
How much does it cost to lease commercial space in Whiting?
How does Whiting compare to nearby markets on price?
What zoning applies to commercial property in Whiting?
Where does Realmo's Whiting market data come from?
Methodology & data sources
- Asking prices and medians
- There are 9 active for-sale and 4 active for-lease listings in Whiting, IN. The medians are based on 3 of the for-sale and 3 of the for-lease listings, those that state a price or 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: 1,154 zoned acres across 11 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
