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 $1,730 $3,571
Average sold price $1,583,650 $1,365,296
Median sold price $238,322 $275,046
Number of sales 357,848 18,713
Number of sales over $250k 174,051 10,162
Number of sales over $1m 50,996 2,138
Number of sales over $10m 8,536 347
Average total tax amount $31,856 $9,034
Average assessed value $760,556 $52,010
Average market value $1,209,172 $369,999

Illinois multi-family home property averages

Property averages United States Illinois
Average lot size 90,162 sf 23,352 sf
Median lot size 6,982 sf 3,780 sf
Average building area 861 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 144,043,080 152,186
Aggregate building area 1,752,275,797 sf 19,287,540 sf
Aggregate units 49,731,847 801,704

Illinois multi-family home industrial mortgages

Debt United States Illinois
Number of mortgages 10,840,485 996,868
Average value of mortgages $1,416,228 $661,572

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