Chicago Multifamily Market Data: 168 Transactions, $872.1M Volume – August 2026

Chicago MSA Sales Analysis

August 1 – August 31, 2026

Executive Summary

The Chicago multifamily market in August 2026 recorded 168 transactions, representing $872.1 million in total sales volume. The median sale price was $1.25 million. The median price per square foot was $149, with 5,698 units changing hands across the Chicago metropolitan statistical area. View available properties.

Data Source: CoStar Group – Commercial real estate information and analytics provider

What was the total transaction volume for Chicago MSA multifamily in August 2026?

The Chicago MSA multifamily market recorded $872.1 million in total sales volume across 168 transactions during August 2026, according to CoStar data.

What was the median sale price for multifamily properties in the Chicago MSA?

The median sale price was $1.25 million per property in August 2026 across the Chicago metropolitan statistical area.

Which submarkets had the highest multifamily sales volume in the Chicago MSA?

The top submarkets by volume were Grant Park ($165.7M), Northeast DuPage County ($149.7M), and Outlying Kendall County ($75.0M), based on CoStar transaction data.

What was the average price per unit for Chicago MSA multifamily properties?

The average price per unit was $153,100 across 5,698 total units sold in the Chicago MSA during August 2026.

How many multifamily units were sold in the Chicago MSA in August 2026?

A total of 5,698 multifamily units changed hands across 168 transactions in the Chicago MSA market during August 2026, according to CoStar Group data.

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Data Source: CoStar | Report Date: September 9, 2026 | 168 Transactions Analyzed