Plainfield, IL
Commercial Real Estate Market Trends & Data

$945 Avg asking sale price
$1,387 Avg asking lease rate
114,936 SF Avg unit lease size
40,805 SF Avg building size for sale
5.95% Average cap rate

Plainfield's Demographic Profile

Plainfield has 14,937 households and a median income of $134,800, 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 48,046
# Households 14,937
Median age 39
Median household income $134,800
Avg household size 3.0
Renter-occupied housing units 1,733
5-year population change +2%

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

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Nearby Retail Markets Avg Cost/SF Typical Size
Plainfield $1,408 8,526 SF
Oswego $449 11,549 SF
Romeoville $357 6,375 SF
Crest Hill $461 11,742 SF
Bolingbrook $402 6,251 SF

Commercial Properties For Sale in Plainfield

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

Outstanding opportunity for an owner-user

Plainfield, IL 60586

  • 1,912 SF Office Building
  • $419,000
For Sale

6398 Ridge Rd

Oswego, IL 60543

  • 4.40 AC Lot
  • 1 Commercial Lot
  • $1,848,000
For Sale

7 Brew Ground Lease New 2026 Construction

Plainfield, IL 60585

  • 510 SF Retail Building
  • 5.80% Cap Rate
  • $2,586,000
For Sale

3151 Voyager Ln

Joliet, IL 60431

  • 8,000 SF Retail Building
  • $4,200,000
For Sale

22025-22045 W Lockport Rd

Plainfield, IL 60544

  • 5.93 AC Lot
  • 1 Residential Income Lot
  • $1,650,000
For Sale

Northwest corner 127th & 248

Plainfield, IL 60585

  • 4.21 AC Lot
  • 1 Commercial Lot
  • $795,000

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

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Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Plainfield $945 40,805 SF
Oswego $1,606 9,653 SF
Romeoville $323 109,008 SF
Crest Hill $498 59,745 SF
Bolingbrook $405 166,525 SF

Regional Demographic Comparison

This comparison places Plainfield 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 Plainfield or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Plainfield 48,046 14,937 39 $134,800 3 1,733 2%
Oswego 36,669 12,276 38 $102,782 3 2,023 9%
Crest Hill 20,074 7,317 42 $65,671 2 2,408 -1%
Bolingbrook 71,651 22,962 38 $99,826 3 4,837 -1%

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

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

Plainfield 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 Plainfield?

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

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

How does Plainfield compare to nearby commercial real estate markets?

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

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