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 $50,594. Multi-family home sale prices in Illinois have a median of $263,570. The last 24 months of sales history has seen 21,236 sales, with 11,177 sales greater than $250,000, 2,489 sales valued at over $1,000,000, and 520 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 $910 $451
Median price/sqft $91 $93
Average sold price $1,680,682 $1,722,087
Median sold price $234,106 $263,570
Number of sales 391,282 21,236
Number of sales over $250k 188,191 11,177
Number of sales over $1m 56,456 2,489
Number of sales over $10m 10,038 520
Average total tax amount $12,318 $8,889
Average assessed value $708,111 $50,594
Average market value $996,777 $372,495

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 86,955 sf 21,916 sf
Median lot size 6,958 sf 3,780 sf
Average building area 804 sf 170 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 225,621 multi-family homes in Illinois. This is 180% below the United States average. The total acerage is 145,264 acres and the aggregate building area for multi-family homes in Illinois is 19,587,678 sf.

Supply United States Illinois
Number of parcels 4,344,064 225,621
Aggregate lot acerage 94,718,650 145,264
Aggregate building area 1,603,418,712 sf 19,587,678 sf
Aggregate units 49,773,867 800,392

Illinois multi-family home industrial mortgages

There are 981,617 mortgages for multi-family homes across Illinois in the Reonomy database. The average value of those mortgages is $727,210. This is 62% below the United States average.

Debt United States Illinois
Number of mortgages 10,181,937 981,617
Average value of mortgages $1,395,676 $727,210

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