Dundee, IL
Commercial Real Estate Market Trends & Data

$306 per SF Avg asking sale price
$17 per SF Avg asking lease rate
19,311 SF Avg unit lease size
45,209 SF Avg building size for sale
6.52% Average cap rate

Dundee's Demographic Profile

Dundee has 7,105 households and a median income of $103,000, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 17,850
# Households 7,105
Median age 43
Median household income $103,000
Avg household size 3.0
Renter-occupied housing units 1,926
5-year population change 0%

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Nearby Retail Markets Avg Cost/SF Typical Size
Dundee $238 11,710 SF
Carpentersville $238 3,801 SF
West Dundee $238 11,710 SF
East Dundee $238 3,801 SF
Algonquin $285 16,259 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
McHenry $90 5,991 SF 12.60%
Arlington Heights $327 8,195 SF 6.85%

Commercial Properties For Sale in Dundee

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
  • 6.33% Cap Rate
  • $2,370,000
For Sale

1670 Capital St

Elgin, IL 60124

  • 19,046 SF Office Building
  • $595,500
For Sale

1591 S Randall Rd

Algonquin, IL 60102

  • 10,500 SF Retail Building
  • $2,350,000
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

770 Beacon St

West Dundee, IL 60118

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

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Dundee $306 45,209 SF
Carpentersville $311 16,902 SF
West Dundee $404 46,255 SF
Sleepy Hollow $373 7,460 SF
East Dundee $238 3,578 SF

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Dundee, 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 Dundee

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

Dundee 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 Dundee?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Dundee. 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 Dundee?

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

How does Dundee compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Dundee. 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 Dundee acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Dundee, 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