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 $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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