For Sale
Lombard, IL
Commercial Real Estate Market Trends & Data
$235
Avg asking sale price
$18
Avg asking lease rate
20,344 SF
Avg unit lease size
28,759 SF
Avg building size for sale
9.12%
Average cap rate
Lombard's Demographic Profile
Lombard has 18,054 households and a median income of $91,414, 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 | 44,301 |
| # Households | 18,054 |
| Median age | 41 |
| Median household income | $91,414 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 5,758 |
| 5-year population change | -1% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lombard, IL
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Lombard | $227 | 25,476 SF | 8.88% |
| Glen Ellyn | $128 | 4,903 SF | 8.88% |
| Addison | $112 | 16,781 SF | 7.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Lombard | $357 | 16,053 SF |
| Villa Park | $380 | 3,822 SF |
| Glen Ellyn | $400 | 4,700 SF |
| Oakbrook Terrace | $572 | 7,397 SF |
| Addison | $377 | 5,373 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Glen Ellyn | $130 | 15,688 SF | 6.44% |
| Wheaton | $169 | 17,257 SF | 6.44% |
| Westchester | $99 | 4,100 SF | 7.59% |
| Melrose Park | $176 | 5,956 SF | 10.95% |
| River Forest | $176 | 5,956 SF | 10.95% |
Commercial Properties For Sale in Lombard
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
Average Price For Sale
↻ Updated MonthlyAverage Size 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 Lombard pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Lombard | $235 | 28,759 SF |
| Villa Park | $199 | 27,749 SF |
| Glen Ellyn | $174 | 5,415 SF |
| Oakbrook Terrace | $220 | 53,865 SF |
| Addison | $248 | 21,471 SF |
Regional Demographic Comparison
This comparison places Lombard 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 Lombard or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Lombard | 44,301 | 18,054 | 41 | $91,414 | 2 | 5,758 | -1% |
| Villa Park | 20,925 | 7,866 | 40 | $90,087 | 3 | 2,399 | -3% |
| Glen Ellyn | 27,687 | 10,256 | 41 | $124,058 | 3 | 2,461 | -2% |
| Oakbrook Terrace | 3,913 | 1,822 | 39 | $76,731 | 2 | 1,075 | 5% |
| Addison | 33,876 | 11,685 | 40 | $76,709 | 3 | 3,938 | -2% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lombard, 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 Lombard
View All Commercial Real Estate For Sale in Lombard
Is Lombard a good market for a first-time commercial real estate investor?
Lombard 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 Lombard?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lombard. 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 Lombard?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lombard. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Lombard compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lombard. 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 Lombard acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lombard, 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.
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