For Sale
Des Plaines, IL
Commercial Real Estate Market Trends & Data
$227
Avg asking sale price
$19
Avg asking lease rate
24,743 SF
Avg unit lease size
35,047 SF
Avg building size for sale
5.25%
Average cap rate
Des Plaines's Demographic Profile
Des Plaines has 23,074 households and a median income of $78,497, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 59,562 |
| # Households | 23,074 |
| Median age | 44 |
| Median household income | $78,497 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 5,574 |
| 5-year population change | -2% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Des Plaines, IL
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Des Plaines | $118 | 31,335 SF | 3.25% |
| Park Ridge | $154 | 117,043 SF | 3.25% |
| Mount Prospect | $150 | 33,885 SF | 12.10% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Des Plaines | $161 | 60,089 SF | 5.50% |
| Mount Prospect | $136 | 36,771 SF | 5.50% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Des Plaines | $365 | 7,318 SF |
| Rosemont | $771 | 4,783 SF |
| Park Ridge | $390 | 6,615 SF |
| Mount Prospect | $262 | 29,288 SF |
| Niles | $263 | 8,688 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Niles | $230 | 4,029 SF | 5.27% |
| Morton Grove | $230 | 4,029 SF | 5.27% |
| Glenview | $313 | 4,664 SF | 5.27% |
Commercial Properties For Sale in Des Plaines
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Des Plaines pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Des Plaines | $227 | 35,047 SF |
| Rosemont | $439 | 80,733 SF |
| Park Ridge | $329 | 79,401 SF |
| Mount Prospect | $176 | 31,483 SF |
| Niles | $232 | 12,742 SF |
Regional Demographic Comparison
This comparison places Des Plaines alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Des Plaines or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Des Plaines | 59,562 | 23,074 | 44 | $78,497 | 3 | 5,574 | -2% |
| Rosemont | 3,865 | 1,674 | 40 | $63,390 | 2 | 1,192 | -3% |
| Park Ridge | 38,711 | 14,168 | 45 | $127,945 | 3 | 2,391 | -3% |
| Mount Prospect | 56,174 | 21,312 | 42 | $91,814 | 3 | 6,852 | -2% |
| Niles | 31,104 | 11,985 | 49 | $74,556 | 2 | 3,383 | -3% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Des Plaines, 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 Des Plaines
View All Commercial Real Estate For Sale in Des Plaines
Is Des Plaines a good market for a first-time commercial real estate investor?
Des Plaines 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 Des Plaines?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Des Plaines. 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 Des Plaines?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Des Plaines. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Des Plaines compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Des Plaines. 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 Des Plaines acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Des Plaines, 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 Cities
Commercial Market Reports
- Des Plaines Commercial Real Estate Properties
- Rosemont Commercial Real Estate Properties
- Park Ridge Commercial Real Estate Properties
- Mount Prospect Commercial Real Estate Properties
- Niles Commercial Real Estate Properties
- Schiller Park Commercial Real Estate Properties
- Bensenville Commercial Real Estate Properties
- Elk Grove Village Commercial Real Estate Properties
- Morton Grove Commercial Real Estate Properties
- Norridge Commercial Real Estate Properties
- Glenview Commercial Real Estate Properties
- Harwood Heights Commercial Real Estate Properties
- Prospect Heights Commercial Real Estate Properties
- Wood Dale Commercial Real Estate Properties
- Franklin Park Commercial Real Estate Properties
- Arlington Heights Commercial Real Estate Properties
- Wheeling Commercial Real Estate Properties
- Northbrook Commercial Real Estate Properties
- Northlake Commercial Real Estate Properties
- Itasca Commercial Real Estate Properties
- River Grove Commercial Real Estate Properties
- Melrose Park Commercial Real Estate Properties
- Skokie Commercial Real Estate Properties
- Rolling Meadows Commercial Real Estate Properties
- Elmwood Park Commercial Real Estate Properties
- Northfield Commercial Real Estate Properties
- Lincolnwood Commercial Real Estate Properties
- Stone Park Commercial Real Estate Properties
- View more
- View less
- Atlanta, GA Market Trends
- Austin, TX Market Trends
- Boston, MA Market Trends
- Charlotte, NC Market Trends
- Chicago, IL Market Trends
- Columbus, OH Market Trends
- Dallas, TX Market Trends
- Denver, CO Market Trends
- Fort Worth, TX Market Trends
- Houston, TX Market Trends
- Indianapolis, IN Market Trends
- Jacksonville, FL Market Trends
- Kansas City, MO Market Trends
- Las Vegas, NV Market Trends
- Los Angeles, CA Market Trends
- Nashville, TN Market Trends
- Philadelphia, PA Market Trends
- Phoenix, AZ Market Trends
- San Diego, CA Market Trends
- San Francisco, CA Market Trends
- San Jose, CA Market Trends
- Seattle, WA Market Trends
- Washington, DC Market Trends
- View more
- View less
