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 $50,950. Multi-family home sale prices in Illinois have a median of $270,772. The last 24 months of sales history has seen 20,980 sales, with 11,250 sales greater than $250,000, 2,427 sales valued at over $1,000,000, and 468 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 $94.

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $1,160 $394
Median price/sqft $92 $94
Average sold price $1,830,969 $1,586,948
Median sold price $235,993 $270,772
Number of sales 391,842 20,980
Number of sales over $250k 189,768 11,250
Number of sales over $1m 56,662 2,427
Number of sales over $10m 10,279 468
Average total tax amount $12,886 $8,864
Average assessed value $770,459 $50,950
Average market value $1,523,927 $375,089

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 65 sf and the median year built is 1915.

Property averages United States Illinois
Average lot size 85,456 sf 22,697 sf
Median lot size 6,968 sf 3,780 sf
Average building area 852 sf 161 sf
Median building area 64 sf 65 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 225,749 multi-family homes in Illinois. This is 180% below the United States average. The total acerage is 149,080 acres and the aggregate building area for multi-family homes in Illinois is 18,611,433 sf.

Supply United States Illinois
Number of parcels 4,376,278 225,749
Aggregate lot acerage 143,298,268 149,080
Aggregate building area 1,711,306,961 sf 18,611,433 sf
Aggregate units 49,005,185 801,969

Illinois multi-family home industrial mortgages

There are 989,508 mortgages for multi-family homes across Illinois in the Reonomy database. The average value of those mortgages is $644,287. This is 72% below the United States average.

Debt United States Illinois
Number of mortgages 10,663,802 989,508
Average value of mortgages $1,379,229 $644,287

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