Special Purpose Properties in Chicago

Unlock property data on 8,941 special purpose properties in Chicago. Search through Chicago property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Chicago commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in special purpose properties.

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Chicago special purpose property sold prices and values

Values and sold prices (last 24 months) United States Illinois Chicago
Average price/sqft $1,125 $1,484 $1,622
Average sold price $2,667,124 $1,022,082 $1,402,432
Median sold price $312,302 $214,906 $259,500
Number of sales 60,197 937 408
Number of sales over $250k 35,972 407 221
Number of sales over $1m 10,095 87 60
Number of sales over $10m 1,925 13 8
Average total tax amount $11,800 $6,745 $3,419
Average assessed value $636,429 $33,771 $15,051
Average market value $808,464 $131,477 $72,324

Chicago special purpose property property averages

Property averages United States Illinois Chicago
Average lot size 248,857 sf 75,561 sf 17,222 sf
Median lot size 10,178 sf 3,484 sf 3,141 sf
Average building area 4,074 sf 244 sf 307 sf
Median building area 93 sf 61 sf 80 sf
Median year built 1983 1960 1927
Average number of units 22 10 8
Median number of units -- 2 2

Chicago special purpose property total supply

Supply United States Illinois Chicago
Number of parcels 1,339,942 30,555 8,963
Aggregate lot acerage 5,148,746 21,590 2,290
Aggregate building area 1,098,680,533 sf 283,095 sf 205,538 sf
Aggregate units 3,311,541 4,369 2,056

Chicago special purpose property industrial mortgages

Debt United States Illinois Chicago
Number of mortgages 1,595,593 25,893 12,146
Average value of mortgages $6,971,933 $5,418,496 $6,188,244

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