Multi–family Homes in Illinois | Reonomy
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    Multi–family Homes in Illinois

    Unlock property data on all 225,663 multi–family homes in Illinois. Search across 100 counties to find the Illinois property records you need, and get in touch with Multi-family Home owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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    Reonomy attracts a large community of Illinois commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in multi–family homes.

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    Illinois multi-family home sold prices and values

    Values and sold prices (last 24 months) United States Illinois
    Average price/sqft $1,730 $3,571
    Average sold price $1,583,650 $1,365,296
    Median sold price $238,322 $275,046
    Number of sales 357,848 18,713
    Number of sales over $250k 174,051 10,162
    Number of sales over $1m 50,996 2,138
    Number of sales over $10m 8,536 347
    Average total tax amount $31,856 $9,034
    Average assessed value $760,556 $52,010
    Average market value $1,209,172 $369,999

    Illinois multi-family home property averages

    Property averages United States Illinois
    Average lot size 90,162 sf 23,352 sf
    Median lot size 6,982 sf 3,780 sf
    Average building area 861 sf 167 sf
    Median building area 64 sf 66 sf
    Median year built 1949 1915
    Average number of units 16 4
    Median number of units 2 2

    Illinois multi-family home total supply

    Supply United States Illinois
    Number of parcels 4,398,050 225,720
    Aggregate lot acerage 144,043,080 152,186
    Aggregate building area 1,752,275,797 sf 19,287,540 sf
    Aggregate units 49,731,847 801,704

    Illinois multi-family home industrial mortgages

    Debt United States Illinois
    Number of mortgages 10,840,485 996,868
    Average value of mortgages $1,416,228 $661,572

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