Commercial Real Estate Market in Whiting, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 428 off-market properties in Whiting, IN. Commercial property asks $136/SF to buy and $13.34/SF/Yr to lease.
Market Trends
Whiting, IN spans 4.7 square miles in Lake County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Whiting, 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 Whiting, 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 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%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Whiting, 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
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
High Impact Manufacturing Special Zone
Single Family Detached
Lakefront Recreation Special Zone
Low Impact Manufacturing Special Zone
Institutional Special Zone
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.
High Impact Manufacturing Special Zone (I-HIM-SZ)
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.
11,725
Population
5,437
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
86%
High-School Grad
4.7 sq mi
ZIP Area
2,472
Density / Sq Mi
$66,386
Median Household Income
$41,643
Median Earnings
$970
Median Rent
$162,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East Chicago | — | $15.42 |
| Calumet City | — | $16.20 |
| Hammond | — | $16.46 |
| Dolton | — | — |
Commercial property in Whiting, IN asks $136/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Whiting?
Commercial property in Whiting, IN asks an average of $136 per square foot. Multifamily carries the highest asking price at $173/SF.
How much does it cost to lease commercial space in Whiting?
Asking lease rates in Whiting, IN average $13.34 per square foot per year.
What zoning applies to commercial property in Whiting?
Whiting, IN zones 1,154 acres across 11 districts, of which 2.6% is commercial and 64.5% industrial. The largest single district is High Impact Manufacturing Special Zone at 60% of zoned land. 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. Residential zoning covers 15.2% and open space 10.7%.
Where does Realmo's Whiting market data come from?
Realmo compiles Whiting, IN figures from 9 active sale listings, 6 active lease listings, 428 tracked off-market properties, the current Whiting zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 6 active for-lease listings in Whiting, 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.
- 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 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
