Carpentersville, IL
Commercial Real Estate Market Trends & Data

$267 Avg asking sale price
$17 Avg asking lease rate
15,542 SF Avg unit lease size
13,269 SF Avg building size for sale
6.77% Average cap rate

Carpentersville's Demographic Profile

Carpentersville has 11,063 households and a median income of $76,476, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 36,643
# Households 11,063
Median age 34
Median household income $76,476
Avg household size 3.0
Renter-occupied housing units 3,270
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Carpentersville, IL

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Nearby Retail Markets Avg Cost/SF Typical Size
Carpentersville $335 3,809 SF
Dundee $335 3,809 SF
West Dundee $335 3,809 SF
Algonquin $356 13,995 SF
East Dundee $238 3,801 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Crystal Lake $188 17,920 SF 6.68%
Marengo $128 54,840 SF 8.01%

Commercial Properties For Sale in Carpentersville

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Fifth Third Bank Absolute NNN Ground Lease

Carpentersville, IL 60110

  • 3,833 SF Retail Building
  • 6.25% Cap Rate
  • $2,400,000
For Sale

118 W Main St

West Dundee, IL 60118

  • 3,402 SF Retail Building
  • $750,000
For Sale

205 W Main St

West Dundee, IL 60118

  • 3,200 SF Office Building
  • $649,000
For Sale

Route 62

Algonquin, IL 60102

  • 1.68 AC Lot
  • 1 Industrial Lot
  • $389,000
For Sale

770 Beacon St

West Dundee, IL 60118

  • 7,024 SF Office Building
  • $1,300,000
For Sale

101 W Main St

West Dundee, IL 60118

  • 4,800 SF Retail Building
  • 7.29% Cap Rate
  • $1,400,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Multifamily vs. Single-Family Investing ROI
Multifamily vs. Single-Family Investing ROI
Multifamily vs single-family investing compared across cash flow, vacancy risk, financing, management complexity, and ROI to help investors evaluate returns and downside risk by property type.
CapEx in Commercial Real Estate
CapEx in Commercial Real Estate
How to plan capital expenditures, prioritize projects, and manage risk without sacrificing returns on your commercial property investment.
Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.
What is a Ground Lease?
What is a Ground Lease?
Understanding the Nuances of Ground and Land Leases
Master Lease Strategies
Master Lease Strategies
Maximizing Control and Income with Flexible Leasing Solutions
How to Find Industrial Tenants for Your Property
How to Find Industrial Tenants for Your Property
A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
Bonus Depreciation
A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Carpentersville pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Carpentersville $267 13,269 SF
Dundee $238 40,763 SF
West Dundee $430 39,260 SF
Algonquin $257 18,514 SF
Sleepy Hollow $273 5,276 SF

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Carpentersville, IL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Carpentersville

View All Commercial Real Estate For Sale in Carpentersville
Is Carpentersville a good market for a first-time commercial real estate investor?

Carpentersville offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Carpentersville?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Carpentersville. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Carpentersville?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Carpentersville. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Carpentersville compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Carpentersville. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Carpentersville acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Carpentersville, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends