Apartment Buildings in Chicago | Reonomy

Apartment Buildings in Chicago

Unlock property data on 149,172 apartment buildings in Chicago. Search through Chicago property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Chicago commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in apartment buildings.

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Chicago apartment building sold prices and values

Values and sold prices (last 24 months) United States Illinois Chicago
Average price/sqft $2,279 $3,726 $5,230
Average sold price $3,170,680 $1,487,382 $1,012,713
Median sold price $288,047 $299,889 $293,027
Number of sales 131,748 16,354 11,397
Number of sales over $250k 72,359 9,547 6,509
Number of sales over $1m 29,047 1,952 1,194
Number of sales over $10m 6,749 334 112
Average total tax amount $22,535 $9,498 $7,631
Average assessed value $1,067,130 $52,209 $37,381
Average market value $1,366,458 $394,373 $372,475

Chicago apartment building property averages

Property averages United States Illinois Chicago
Average lot size 156,546 sf 23,966 sf 4,249 sf
Median lot size 7,854 sf 3,750 sf 3,666 sf
Average building area 720 sf 170 sf 110 sf
Median building area 66 sf 67 sf 66 sf
Median year built 1955 1914 1908
Average number of units 19 4 3
Median number of units 4 2 2

Chicago apartment building total supply

Supply United States Illinois Chicago
Number of parcels 1,615,369 206,229 149,174
Aggregate lot acerage 25,562,114 145,882 13,554
Aggregate building area 513,808,165 sf 17,949,629 sf 8,679,352 sf
Aggregate units 17,494,110 761,987 542,663

Chicago apartment building industrial mortgages

Debt United States Illinois Chicago
Number of mortgages 4,234,588 934,370 733,847
Average value of mortgages $2,205,791 $655,793 $471,332

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