Apartment building in Illinois

Search apartment building records in Illinois to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Illinois commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around Illinois

Reonomy operates the most comprehensive database for Illinois Apartment Building and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Illinois commercial real estate professionals. Members from Illinois include brokers, investors and service providers, many of whom specialize in Illinois Apartment Building.

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Illinois apartment building sold prices and values

The average assessed value of apartment buildings in Illinois is $51,285. Apartment building sale prices in Illinois have a median of $288,534. The last 24 months of sales history has seen 18,586 sales, with 10,459 sales greater than $250,000, 2,242 sales valued at over $1,000,000, and 436 sales valued at over $10,000,000. The average price per square foot of apartment buildings in Illinois over the last 24 months is $96.

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $1,240 $369
Median price/sqft $97 $96
Average sold price $3,422,417 $1,689,072
Median sold price $287,289 $288,534
Number of sales 143,925 18,586
Number of sales over $250k 78,793 10,459
Number of sales over $1m 32,980 2,242
Number of sales over $10m 8,218 436
Average total tax amount $21,780 $9,311
Average assessed value $973,545 $51,285
Average market value $1,223,463 $395,872

Illinois apartment building property averages

The average lot size of apartment buildings in Illinois is 3,750 sf. This is 70% below the United States average. The average building area is 65 sf and the median year built is 1913.

Property averages United States Illinois
Average lot size 145,025 sf 22,524 sf
Median lot size 7,843 sf 3,750 sf
Average building area 613 sf 154 sf
Median building area 62 sf 65 sf
Median year built 1954 1913
Average number of units 21 4
Median number of units 4 2

Illinois apartment building total supply

There are 206,299 apartment buildings in Illinois. This is 154% below the United States average. The total acerage is 139,604 acres and the aggregate building area for apartment buildings in Illinois is 16,178,462 sf.

Supply United States Illinois
Number of parcels 1,597,868 206,299
Aggregate lot acerage 24,465,828 139,604
Aggregate building area 428,811,554 sf 16,178,462 sf
Aggregate units 18,299,429 762,458

Illinois apartment building industrial mortgages

There are 920,918 mortgages for apartment buildings across Illinois in the Reonomy database. The average value of those mortgages is $736,212. This is 97% below the United States average.

Debt United States Illinois
Number of mortgages 4,058,722 920,918
Average value of mortgages $2,146,109 $736,212

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