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 $51,223. Apartment building sale prices in Illinois have a median of $289,828. The last 24 months of sales history has seen 19,615 sales, with 11,046 sales greater than $250,000, 2,381 sales valued at over $1,000,000, and 448 sales valued at over $10,000,000. The average price per square foot of apartment buildings in Illinois over the last 24 months is $97.

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $1,270 $394
Median price/sqft $97 $97
Average sold price $3,387,917 $1,615,898
Median sold price $288,824 $289,828
Number of sales 152,242 19,615
Number of sales over $250k 83,556 11,046
Number of sales over $1m 35,213 2,381
Number of sales over $10m 8,850 448
Average total tax amount $21,886 $9,316
Average assessed value $966,616 $51,223
Average market value $937,308 $393,485

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 144,885 sf 22,445 sf
Median lot size 7,838 sf 3,750 sf
Average building area 613 sf 160 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 139,277 acres and the aggregate building area for apartment buildings in Illinois is 16,755,608 sf.

Supply United States Illinois
Number of parcels 1,597,009 206,299
Aggregate lot acerage 24,383,790 139,277
Aggregate building area 430,393,488 sf 16,755,608 sf
Aggregate units 18,259,537 761,236

Illinois apartment building industrial mortgages

There are 921,176 mortgages for apartment buildings across Illinois in the Reonomy database. The average value of those mortgages is $740,749. This is 97% below the United States average.

Debt United States Illinois
Number of mortgages 3,967,362 921,176
Average value of mortgages $2,161,340 $740,749

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