Elmhurst, IL
Commercial Real Estate Market Trends & Data

$243 per SF Avg asking sale price
$21 per SF Avg asking lease rate
6,660 SF Avg unit lease size
34,036 SF Avg building size for sale
7.22% Average cap rate

Elmhurst's Demographic Profile

Elmhurst has 15,746 households and a median income of $131,965, 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 44,503
# Households 15,746
Median age 41
Median household income $131,965
Avg household size 3.0
Renter-occupied housing units 3,327
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}}

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Retail Markets Avg Cost/SF Typical Size
Elmhurst $344 7,675 SF
Berkeley $59 13,500 SF
Villa Park $380 5,727 SF
Hillside $137 7,215 SF
Northlake $717 8,193 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Melrose Park $176 5,956 SF 10.95%
River Forest $176 5,956 SF 10.95%
Forest Park $237 4,600 SF 8.35%
Oak Park $131 17,518 SF 12.74%
Elk Grove Village $198 4,540 SF 6.97%

Commercial Properties For Sale in Elmhurst

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

11608 Copenhagen Ct

Franklin Park, IL 60131

  • 88,158 SF Industrial Building
  • $7,052,640
For Sale

Legacy Shops of Elmhurst

Elmhurst, IL 60126

  • 6,400 SF Retail Building
  • 7.00% Cap Rate
  • $2,481,000
For Sale

401 N York St

Elmhurst, IL 60126

  • 5,525 SF Office Building
  • $1,500,000
For Sale

4815 Butterfield Rd

Hillside, IL 60162

  • 7,600 SF Retail Building
  • 8.32% Cap Rate
  • $675,000
For Sale

Operating C-Store with Gas and Car Wash

Addison, IL 60101

  • 2,037 SF Retail Building
  • $1,200,000
For Sale

Salt Creek Atrium

Oak Brook, IL 60523

  • 38,457 SF Office Building
  • $625,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Exit Cap Rates in Commercial Real Estate
Exit Cap Rates in Commercial Real Estate
Understanding Exit Cap Rates and Terminal Cap Rates for Better Investment Returns
Types of Retail Properties
Types of Retail Properties
Understanding Retail Property Categories and Their Investment Potential
Debt Service Coverage Ratio (DSCR) Calculator
Debt Service Coverage Ratio (DSCR) Calculator
Assess Your Investment's Health in Seconds
Qualified Improvement Property: Tax Rules for CRE Investors
Qualified Improvement Property: Tax Rules for CRE Investors
Understand how QIP's 15-year recovery period and bonus depreciation eligibility can accelerate cost recovery on commercial property improvements.
Sales Comparison Approach
Sales Comparison Approach
Learn how to use market data to make confident property investment decisions
Modular Drive-Thrus: Costs and Configurations
Modular Drive-Thrus: Costs and Configurations
Save on Time, Construction and Labor Costs
Property Title Search
Property Title Search
Learn how to verify ownership, spot red flags, and protect your deal with a thorough property title search.
The 'Pet Clause' for Office Leases
The 'Pet Clause' for Office Leases
Lease Language for Landlords and Tenants

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Elmhurst $243 34,036 SF
Berkeley $59 69,082 SF
Villa Park $287 27,993 SF
Hillside $155 50,802 SF
Oakbrook Terrace $102 69,354 SF

Regional Demographic Comparison

This comparison places Elmhurst 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 Elmhurst or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Elmhurst 44,503 15,746 41 $131,965 3 3,327 -2%
Berkeley 5,176 1,789 45 $68,084 3 455 -1%
Villa Park 20,925 7,866 40 $90,087 3 2,399 -3%
Hillside 8,319 2,912 42 $67,349 3 916 -3%
Oakbrook Terrace 3,913 1,822 39 $76,731 2 1,075 5%

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

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

Elmhurst 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 Elmhurst?

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

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

How does Elmhurst compare to nearby commercial real estate markets?

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

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