West Chicago, IL
Commercial Real Estate Market Trends & Data

$195 Avg asking sale price
$282 Avg asking lease rate
38,310 SF Avg unit lease size
693,357 SF Avg building size for sale

West Chicago's Demographic Profile

West Chicago has 7,012 households and a median income of $86,520, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 23,919
# Households 7,012
Median age 37
Median household income $86,520
Avg household size 3.0
Renter-occupied housing units 2,215
5-year population change -3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near West Chicago, IL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Warrenville $303 23,879 SF 6.77%
Bartlett $146 16,452 SF 8.25%
Nearby Retail Markets Avg Cost/SF Typical Size
West Chicago $298 35,656 SF
Winfield $131 13,347 SF
Carol Stream $211 6,148 SF
Wayne $369 13,000 SF
Warrenville $356 3,266 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Wheaton $169 17,257 SF 6.44%
Glen Ellyn $130 15,688 SF 6.44%

Commercial Properties For Sale in West Chicago

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

FENCED YARD, OUTSIDE STORAGE

West Chicago, IL 60185

  • 6,934 SF Industrial Building
  • $1,600,000
For Sale

SALE PRICE REDUCED - NOW $1,050,000

Batavia, IL 60510

  • 9,900 SF Industrial Building
  • $1,050,000
For Sale

Mosaic Crossing

West Chicago, IL 60185

  • 0.91 AC Lot
  • 1 Commercial Lot
  • $695,000
For Sale

30 Acre Homestead / Development Site

West Chicago, IL 60185

  • 30 AC Lot
  • 1 Commercial Lot
  • $2,995,000
For Sale

275 E Roosevelt Rd

West Chicago, IL 60185

  • 1.44 AC Lot
  • 1 Commercial Lot
  • $695,000
For Sale

1 S 164 Indian Knoll Rd

Winfield, IL 60190

  • 21.05 AC Lot
  • 1 Residential Income Lot
  • $5,800,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
West Chicago $195 693,357 SF
Winfield $176 10,736 SF
Carol Stream $121 6,338 SF
Wayne $369 13,000 SF
Warrenville $335 6,071 SF

Regional Demographic Comparison

This comparison places West Chicago 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 West Chicago or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
West Chicago 23,919 7,012 37 $86,520 3 2,215 -3%
Winfield 10,050 3,788 46 $136,731 3 276 -2%
Carol Stream 38,480 13,728 40 $98,007 3 4,551 -2%
Wayne 2,246 799 50 $149,312 3 48 -3%
Warrenville 14,618 5,672 41 $98,162 3 1,257 -1%

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

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

West Chicago 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 West Chicago?

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

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

How does West Chicago compare to nearby commercial real estate markets?

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

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