For Sale
O'Fallon, IL
Commercial Real Estate Market Trends & Data
$174
Avg asking sale price
$19
Avg asking lease rate
4,677 SF
Avg unit lease size
40,214 SF
Avg building size for sale
7.21%
Average cap rate
O'Fallon's Demographic Profile
O'Fallon has 12,457 households and a median income of $104,487, 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 | 31,300 |
| # Households | 12,457 |
| Median age | 40 |
| Median household income | $104,487 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 4,059 |
| 5-year population change | -5% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near O'Fallon, IL
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| O'Fallon | $152 | 62,644 SF | 6.42% |
| Shiloh | $127 | 6,711 SF | 6.42% |
| Fairview Heights | $129 | 47,324 SF | 2.82% |
| Swansea | $64 | 16,667 SF | 2.82% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| O'Fallon | $62 | 16,548 SF |
| Shiloh | $69 | 13,299 SF |
| Lebanon | $154 | 12,000 SF |
| Fairview Heights | $162 | 11,803 SF |
| Swansea | $103 | 13,787 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| O'Fallon | $133 | 13,200 SF | 8.00% |
| Fairview Heights | $163 | 7,376 SF | 8.00% |
| Swansea | $182 | 5,561 SF | 7.63% |
Commercial Properties For Sale in O'Fallon
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
For Sale
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 O'Fallon pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| O'Fallon | $174 | 40,214 SF |
| Shiloh | $108 | 8,652 SF |
| Scott Afb | $244 | 20,400 SF |
| Fairview Heights | $158 | 33,990 SF |
Regional Demographic Comparison
This comparison places O'Fallon 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 O'Fallon or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| O'Fallon | 31,300 | 12,457 | 40 | $104,487 | 3 | 4,059 | -5% |
| Shiloh | 13,904 | 5,491 | 40 | $97,729 | 3 | 1,851 | -3% |
| Lebanon | 4,429 | 1,558 | 33 | $82,052 | 2 | 555 | -2% |
| Scott Afb | 3,459 | 1,012 | 27 | $88,238 | 3 | 999 | -6% |
| Fairview Heights | 15,065 | 6,339 | 42 | $74,757 | 2 | 1,848 | -5% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in O'Fallon, 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 O'Fallon
View All Commercial Real Estate For Sale in O'Fallon
Is O'Fallon a good market for a first-time commercial real estate investor?
O'Fallon 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 O'Fallon?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in O'Fallon. 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 O'Fallon?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for O'Fallon. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does O'Fallon compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to O'Fallon. 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 O'Fallon acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in O'Fallon, 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
