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 $50,847. Multi-family home sale prices in Illinois have a median of $265,233. The last 24 months of sales history has seen 21,155 sales, with 11,179 sales greater than $250,000, 2,449 sales valued at over $1,000,000, and 479 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 $93.

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $1,109 $373
Median price/sqft $91 $93
Average sold price $1,832,451 $1,588,605
Median sold price $235,760 $265,233
Number of sales 394,631 21,155
Number of sales over $250k 190,624 11,179
Number of sales over $1m 57,029 2,449
Number of sales over $10m 10,389 479
Average total tax amount $12,449 $8,886
Average assessed value $768,161 $50,847
Average market value $1,526,854 $374,484

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 86,735 sf 22,272 sf
Median lot size 6,967 sf 3,780 sf
Average building area 845 sf 159 sf
Median building area 63 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 225,638 multi-family homes in Illinois. This is 180% below the United States average. The total acerage is 147,042 acres and the aggregate building area for multi-family homes in Illinois is 18,346,070 sf.

Supply United States Illinois
Number of parcels 4,362,507 225,638
Aggregate lot acerage 94,836,189 147,042
Aggregate building area 1,690,177,758 sf 18,346,070 sf
Aggregate units 49,569,012 801,463

Illinois multi-family home industrial mortgages

There are 985,981 mortgages for multi-family homes across Illinois in the Reonomy database. The average value of those mortgages is $730,330. This is 62% below the United States average.

Debt United States Illinois
Number of mortgages 10,586,379 985,981
Average value of mortgages $1,390,061 $730,330

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