Multi–family Homes in Illinois | Reonomy

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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Popular searches around Illinois

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 $1,684 $3,630
Average sold price $1,598,091 $1,396,640
Median sold price $238,312 $277,602
Number of sales 329,305 17,273
Number of sales over $250k 160,131 9,453
Number of sales over $1m 46,669 1,956
Number of sales over $10m 7,659 330
Average total tax amount $31,708 $8,979
Average assessed value $758,959 $51,447
Average market value $1,205,696 $370,060

Illinois multi-family home property averages

Property averages United States Illinois
Average lot size 90,175 sf 23,361 sf
Median lot size 6,981 sf 3,780 sf
Average building area 862 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 144,042,539 152,178
Aggregate building area 1,752,233,535 sf 19,286,705 sf
Aggregate units 49,726,533 801,484

Illinois multi-family home industrial mortgages

Debt United States Illinois
Number of mortgages 10,839,221 996,627
Average value of mortgages $1,416,225 $661,712

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