Chicago Multifamily Market Data: 157 Transactions, $475.3M Volume – June 2026

July 01, 2026
Chicago multifamily market June 2026 report showing 157 transactions and $475.3M in sales volume

Chicago MSA Multifamily Market Report

June 2026 Sales Analysis

June 1 – June 30, 2026

Executive Summary

The Chicago multifamily market in June 2026 recorded 157 transactions, representing $475.3 million in total sales volume. The median sale price was $1.12 million. Price per square foot averaged $173, with 3,823 units changing hands across the Chicago metropolitan statistical area. View available properties.

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

Total Volume
$475.3M
157 transactions

Median Price
$1.12M
Per property

Avg Price/Unit
$124.3K
3,823 total units

Avg Price/SF
$173
Building area

Total Units
3,823
Units sold

Market Overview

All data sourced from CoStar, the leading provider of commercial real estate information and analytics.

Metric Value
Total Transaction Volume $475.3M
Number of Transactions 157
Median Sale Price $1.12M
Average Price Per Unit $124,300
Average Price Per SF $173
Total Units Sold 3,823

Top Submarkets by Volume

Rank Submarket Total Volume
1 Goose Island $125.2M
2 Outlying North Lake County $37.6M
3 South Shore $30.1M
4 Uptown Chicago $23.7M
5 North Will County $21.5M

Frequently Asked Questions

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

The Chicago MSA multifamily market recorded $475.3 million in total sales volume across 157 transactions during June 2026, according to CoStar data.

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

The median sale price was $1.12 million per property in June 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 Goose Island ($125.2M), Outlying North Lake County ($37.6M), and South Shore ($30.1M), based on CoStar transaction data.

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

The average price per unit was $124,300 across 3,823 total units sold in the Chicago MSA during June 2026.

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

A total of 3,823 multifamily units changed hands across 157 transactions in the Chicago MSA market during June 2026, according to CoStar Group data.

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Data Source: CoStar | Report Date: July 9, 2026 | 157 Transactions Analyzed

Tagged in this post: Mary McGinnis