Chicago Multifamily Market Data: 178 Transactions, $727.4M Volume – July 2026

Chicago MSA Sales Analysis

July 1 – July 31, 2026

Executive Summary

The Chicago multifamily market in July 2026 recorded 178 transactions, representing $727.4 million in total sales volume. The median sale price was $1.22 million. Price per square foot averaged $184, with 4,373 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 July 2026?

The Chicago MSA multifamily market recorded $727.4 million in total sales volume across 178 transactions during July 2026, according to CoStar data.

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

The median sale price was $1.22 million per property in July 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 River North ($119.0M), Fox River Valley ($101.7M), and Logan Square ($48.3M), based on CoStar transaction data.

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

The average price per unit was $166,300 across 4,373 total units sold in the Chicago MSA during July 2026.

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

A total of 4,373 multifamily units changed hands across 178 transactions in the Chicago MSA market during July 2026, according to CoStar Group data.

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Data Source: CoStar | Report Date: August 7, 2026 | 178 Transactions Analyzed