Multi–family Homes in Illinois | Reonomy
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    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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    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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