Montgomery, IL
Commercial Real Estate Market Trends & Data

$1,482 Avg asking sale price
$15 Avg asking lease rate
56,142 SF Avg unit lease size
7,737 SF Avg building size for sale
6.06% Average cap rate

Montgomery's Demographic Profile

Montgomery has 6,789 households and a median income of $95,799, providing context for rent absorption and tenant demand across retail and multifamily assets. A +5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 21,075
# Households 6,789
Median age 35
Median household income $95,799
Avg household size 3.0
Renter-occupied housing units 1,374
5-year population change +5%

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

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Montgomery $192 6,000 SF 6.96%
Aurora $238 11,457 SF 7.42%
Oswego $400 12,555 SF 6.96%
Yorkville $213 7,077 SF 6.67%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Aurora $276 29,662 SF 5.60%
North Aurora $126 65,805 SF 5.60%
Nearby Retail Markets Avg Cost/SF Typical Size
Montgomery $186 10,756 SF
Aurora $328 15,130 SF
Oswego $449 11,549 SF
North Aurora $162 23,391 SF
Yorkville $214 10,382 SF

Commercial Properties For Sale in Montgomery

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

New 15-Year Chipotle

Montgomery, IL 60538

  • 2,350 SF Retail Building
  • 5.15% Cap Rate
  • $3,742,000
For Sale

1991 Wiesbrook Rd

Oswego, IL 60543

  • 6,000 SF Office Building
  • 6.96% Cap Rate
  • $1,150,000
For Sale

2242 Brentwood Ave

Montgomery, IL 60538

  • 1.40 AC Lot
  • 1 Commercial Lot
  • $385,000
For Sale

99 W Merchants Dr

Oswego, IL 60543

  • 0.96 AC Lot
  • 1 Commercial Lot
  • $375,000
For Sale

355 Barbara Ln

Montgomery, IL 60538

  • 0.43 AC Lot
  • 1 Commercial Lot
  • $395,000
For Sale

Aspen Farm Property

Bristol, IL 60512

  • 8.63 AC Lot
  • 1 Commercial Lot
  • $1,650,000

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

5 Key Questions About Note/Loan Sales, Answered
5 Key Questions About Note/Loan Sales, Answered
An Expert Broker Provides Guidance on Advantages, Disadvantages and Expected Returns
What is a Multifamily Home?
What is a Multifamily Home?
What is a multifamily home? Clear definition, types, how small assets differ from large for financing, metrics, plus basics of zoning, fair housing, and risks.
The Best Cities for Office Investing in 2026
The Best Cities for Office Investing in 2026
A data-driven ranking of 50 U.S. markets scored on yield, inventory, office employment trends, and building quality.
Understanding Your Property’s Walk Score
Understanding Your Property’s Walk Score
Learn about the Amenities, Data and Calculations Used to Generate Your Property’s Walk Score
Loan to Value
Loan to Value
Breaking down the loan to value concept, its calculations, and strategic financing options to enhance investment decisions in commercial real estate.
Internal Rate of Return
Internal Rate of Return
Clarifying IRR concepts, outlines calculation methods, and examining its application in commercial real estate to guide your investment decisions.
Operating Expenses in CRE
Operating Expenses in CRE
Learn how operating expenses affect net operating income and property value, how to benchmark your costs against market standards, and proven strategies to reduce expenses across different property types and lease structures.
Land Loans 101
Land Loans 101
Key Considerations When Applying for a Land Loan

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Montgomery $1,482 7,737 SF
Aurora $573 17,822 SF
Oswego $1,606 9,653 SF
North Aurora $246 41,312 SF

Regional Demographic Comparison

This comparison places Montgomery 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 Montgomery or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Montgomery 21,075 6,789 35 $95,799 3 1,374 5%
Aurora 172,846 57,654 36 $84,339 3 20,432 -1%
Oswego 36,669 12,276 38 $102,782 3 2,023 9%

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

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

Montgomery 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 Montgomery?

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

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

How does Montgomery compare to nearby commercial real estate markets?

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

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