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.
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75XX Western Gailes Dr, Rockford, IL 61107
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7525 Blairmore Dr, Rockford, IL 61107
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1330 El Camino Dr, Pekin, IL 61554
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2520 Mahogany Rd, Flora, IL 62839
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3552 Quartz Ln, Noble, IL 62868
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2086 Bunnyville Dr, Clay City, IL 62824
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1503 Angling Rd, Clay City, IL 62824
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589 Honey Locust Ln, Xenia, IL 62899
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124 Branch Dr, Xenia, IL 62899
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1087 Cherrybark Ln, Flora, IL 62839
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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 $32,420. Multi-family home sale prices in Illinois have a median of $293,375. The last 24 months of sales history has seen 1,195 sales, with 662 sales greater than $250,000, 304 sales valued at over $1,000,000, and 81 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 $68.
| Values and sold prices (last 24 months) | United States | Illinois |
|---|---|---|
| Average price/sqft | $366 | $116 |
| Median price/sqft | $112 | $68 |
| Average sold price | $665,694 | $4,294,887 |
| Median sold price | $194,792 | $293,375 |
| Number of sales | 41,638 | 1,195 |
| Number of sales over $250k | 15,895 | 662 |
| Number of sales over $1m | 2,975 | 304 |
| Number of sales over $10m | 364 | 81 |
| Average total tax amount | $6,142 | $4,399 |
| Average assessed value | $292,404 | $32,420 |
| Average market value | $271,772 | $30,475 |
Illinois multi-family home property averages
The average lot size of multi-family homes in Illinois is 5,396 sf. This is 26% below the United States average. The average building area is 93 sf and the median year built is 1970.
| Property averages | United States | Illinois |
|---|---|---|
| Average lot size | 126,908 sf | 125,716 sf |
| Median lot size | 7,040 sf | 5,396 sf |
| Average building area | 591 sf | 130 sf |
| Median building area | 84 sf | 93 sf |
| Median year built | 1970 | 1970 |
| Average number of units | 30 | 47 |
| Median number of units | 2 | 5 |
Illinois multi-family home total supply
There are 16,250 multi-family homes in Illinois. This is 192% below the United States average. The total acerage is 6,643 acres and the aggregate building area for multi-family homes in Illinois is 491,673 sf.
| Supply | United States | Illinois |
|---|---|---|
| Number of parcels | 869,086 | 16,250 |
| Aggregate lot acerage | 3,251,312 | 6,643 |
| Aggregate building area | 160,197,497 sf | 491,673 sf |
| Aggregate units | 5,064,400 | 98,657 |
Illinois multi-family home industrial mortgages
There are 1,149 mortgages for multi-family homes across Illinois in the Reonomy database. The average value of those mortgages is $4,874,367. This is 142% above the United States average.
| Debt | United States | Illinois |
|---|---|---|
| Number of mortgages | 82,926 | 1,149 |
| Average value of mortgages | $812,786 | $4,874,367 |
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