Multi-family home in Illinois

Search multi-family home 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 Multi-family Home 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 Multi-family Home.

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Illinois multi-family home sold prices and values

The average assessed value of multi-family homes in Illinois is $49,754. Multi-family home sale prices in Illinois have a median of $260,924. The last 24 months of sales history has seen 21,474 sales, with 11,220 sales greater than $250,000, 2,469 sales valued at over $1,000,000, and 442 sales valued at over $10,000,000. The average price per square foot of multi-family homes in Illinois over the last 24 months is $92.

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $859 $362
Median price/sqft $91 $92
Average sold price $1,680,904 $1,454,799
Median sold price $233,873 $260,924
Number of sales 395,904 21,474
Number of sales over $250k 190,411 11,220
Number of sales over $1m 57,204 2,469
Number of sales over $10m 10,284 442
Average total tax amount $12,268 $8,362
Average assessed value $750,432 $49,754
Average market value $1,103,859 $363,644

Illinois multi-family home property averages

The average lot size of multi-family homes in Illinois is 3,780 sf. This is 59% below the United States average. The average building area is 64 sf and the median year built is 1915.

Property averages United States Illinois
Average lot size 85,894 sf 21,557 sf
Median lot size 6,956 sf 3,780 sf
Average building area 782 sf 155 sf
Median building area 62 sf 64 sf
Median year built 1948 1915
Average number of units 16 4
Median number of units 2 2

Illinois multi-family home total supply

There are 225,167 multi-family homes in Illinois. This is 180% below the United States average. The total acerage is 143,391 acres and the aggregate building area for multi-family homes in Illinois is 17,819,969 sf.

Supply United States Illinois
Number of parcels 4,350,092 225,167
Aggregate lot acerage 94,551,558 143,391
Aggregate building area 1,565,102,894 sf 17,819,969 sf
Aggregate units 50,243,290 813,932

Illinois multi-family home industrial mortgages

There are 978,530 mortgages for multi-family homes across Illinois in the Reonomy database. The average value of those mortgages is $700,922. This is 65% below the United States average.

Debt United States Illinois
Number of mortgages 10,168,853 978,530
Average value of mortgages $1,380,738 $700,922

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